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The ongoing wildfires that have hit the Northern Canadian city of Fort McMurray, Alberta could be the costliest ever catastrophe to impact the Canadian property/casualty market, according to AM Best. 9 May 2016
Insurance
Fairfax Financial Holdings has reported a net loss of $51.0 million in the first quarter of 2016, compared to net earnings of $225.2 million in the first quarter of 2015, reflecting a net loss on investments, partially offset by a lower provision for income taxes and increased interest and dividend income. 29 April 2016
Insurance
Re/insurance broker JLT is set to announce it made a good start to the year in the overall trading performance of both our insurance and reinsurance businesses at its Annual General Meeting (AGM) that is taking place today (April 26). 26 April 2016
Insurance
Internal versus external modelling, the standard formula, risk management and regulation are all in the mix in the post-Solvency II environment, according to a number of senior executives attending Intelligent Insurer’s roundtable discussion in London. 25 April 2016
Insurance
Managing general agents (MGAs) in the London Market are thriving. John Holm, head of MGA investments at Lloyd’s managing agent Asta, looks at why and explains to Intelligent Insurer the three stages that every MGA must navigate to succeed. 25 April 2016
Insurance
Rating agency AM Best has assigned a negative outlook to the financial strength rating and the issuer credit rating of Sirius International Insurance Group. 22 April 2016
Insurance
Profits at AIG Europe increased in 2015 despite what it called a competitive environment and softening rates. 20 April 2016
Insurance
The challenge and potential implications of climate change have always worried re/insurers. With the issue again at the forefront of global politics, many are also realising the power they have and the moral choices they must make in terms of where they invest. Intelligent Insurer reports. 19 April 2016
News
After a hectic 2015, Ingrid Carlou, director general and chief executive officer of Patria Re, believes that 2016 will be a year of consolidating the growth the company achieved last year and continuing to build its footprint on the global stage. 19 April 2016
Insurance
The outcome of the Brexit referendum and of two major regulatory investigations are the key remaining uncertainties for UK life insurers in 2016 as the impact of Solvency II and new pension legislation have become clearer, according to a new report from Fitch Ratings. 19 April 2016
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