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Insurance
Commercial insurer CNA is succeeding in pushing up rates in most lines apart from workers’ compensation, CEO Dino Robusto said during the insurer’s first quarter 2018 results conference call. 1 May 2018
Insurance
US-based Global Marine Insurance Agency (GMIA) a specialty marine brokerage and program administrator, which is part of Specialty Program Group, has expanded its team by almost 20 through its acquisition of Norman-Spencer Marine. 1 May 2018
Insurance
Accountancy firm PwC has unveiled a partnership with international start-up rating agency Early Metrics designed to link fast-growth start-ups with established insurance companies to generate mutually beneficial commercial opportunities and relationships. 1 May 2018
Insurance
While most classes of reinsurance and specialty lines have seen a moderation or end to price reductions, there is not a consistent pattern, with increases generally limited to areas and sectors where heavy losses had occurred last year, broker JLT said in a May 1 trading statement. 1 May 2018
Insurance
American International Group is not expected to report large reserve charges when it posts 2018 first quarter results on May 2 despite a differing liability assessment with Berkshire Hathaway, according to Morgan Stanley analysts. 1 May 2018
Insurance
The Everest Re CEO sees demand for reinsurance growing from large insurers driven by consolidation in the sector. 27 April 2018
Insurance
Nearly half of manufacturers have been the victim of cyber-crime, and a quarter has suffered some financial loss or disruption to business as a result, according to a new report. 24 April 2018
Insurance
American International Group (AIG) is creating two new insurance companies, one in the UK and one in Luxembourg and is splitting the European business among them ahead of the UK leaving the EU. 19 April 2018
Insurance
US personal lines insurer Allstate Corporation estimated catastrophe losses at $361 million, pre-tax, and $285 million after-tax, for the first quarter 2018. 19 April 2018
Insurance
Insurance broker Ardonagh has boosted its income in 2017 by 11 percent year on year to £536 million driven by acquisitions. 19 April 2018
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