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Insurance
The Everest Re CEO sees demand for reinsurance growing from large insurers driven by consolidation in the sector. 27 April 2018
Insurance
Guy Carpenter's revenue grew 7 percent year on year on an underlying basis to $637 million in the first quarter of 2018 and the pipeline remains strong, CEO Peter Hearn said during Marsh & McLennan’s first quarter results conference call. 27 April 2018
Insurance
AXA Insurance has teamed up with Cobalt Underwriting to create a new Shariah-compliant insurance product for the real estate sector to be distributed via brokers. 27 April 2018
Insurance
Allianz specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS) has partnered with Israel-based drone safety systems company ParaZero as the market grows rapidly in the US. 27 April 2018
Alternative Risk Transfer
Insurance-linked securities (ILS) investors are reloaded and ready for the 1 June 2018 Florida renewals after significant losses in the second half of 2017 which saw record natural catastrophes from hurricanes, earthquakes, and wildfires in North America, according to the latest ILS Market Update by Willis Towers Watson Securities. 27 April 2018
Insurance
Reinsurance Group of America (RGA) reported a drop in net income to $100.2 million in the first quarter of 2018 compared to $145.5 million in the same period a year earlier. 27 April 2018
Insurance
French insurer AXA has received $3.2 billion following the completion of its reorganisation transactions ahead of the planned initial public offering (IPO) of its US operations. 26 April 2018
Alternative Risk Transfer
2017 was a record breaking year for cat bond issuance. Gary Harris and Brad Adderley from legal firm Appleby take a look back at what was a year to remember. 25 April 2018
Insurance
Blockchain has the potential to become a game-changing technology for the insurance industry over the long term, but there are also risks, according to Fitch Ratings. 25 April 2018
Insurance
Malicious and/or non-malicious cyber incidents are excluded in most classes of business covering physical damage losses, according to a report by the Lloyd’s Market Association (LMA) called ‘Cyber Risks & Exposures Model Clauses: Class of Business Review’, which reviews by class non-affirmative and affirmative coverage and commonly used exclusions. 23 April 2018
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