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QIC Group has experienced substantial growth in the first nine months of 2016, although its net profits only increased slightly which the group attributes to tough market conditions. 26 October 2016
Insurance
Hamilton at Lloyd’s is confident it will reach its premium plan for 2016, and already has plans to almost double that figure in 2017, partially thanks to the underwriting talent it has attracted after launching at Lloyd’s last year, Trevor Carvey, active underwriter/head of treaty, told Baden-Baden Today. 25 October 2016
Insurance
While the increasing deployment of technology and the availability of data are set to reduce the risks for primary insurers, new risks are likely to generate additional business for reinsurers. 25 October 2016
Insurance
UnipolRe, the reinsurer formed in Dublin a year ago by Italian insurer UnipolSai Assicurazioni, the insurance arm of the Italian Unipol Group, is targeting the Turkish market as its first step into the markets of central and eastern Europe, Marco Sordoni, the chief executive of UnipolRe, told Baden-Baden Today. 25 October 2016
Insurance
AM Best is about to change its methodology, yet most brokers and reinsurers seem to be ignoring what is either a potential opportunity or an impending crisis, as Peter Hughes, founding director at Litmus Analysis, explains. 25 October 2016
Insurance
Commercial lines insurers must embrace the same levels of automation prevalent in personal lines, particularly within the London Market if it is to compete with other platforms globally, Patrick Molineux, general manager of insurance at CSC, told Baden-Baden Today. 25 October 2016
Insurance
The business model of hedge fund reinsurers is being put to a hard test in the current soft market while sophisticated clients challenge their business model. 25 October 2016
Insurance
The potential for hedge fund reinsurers may be waning as a challenging investment environment, a soft market and sophisticated clients challenge the business model. Intelligent Insurer reports. 25 October 2016
Insurance
Redomiciling to Bermuda as a Class 4 licensed reinsurer was an important step for Qatar Re. Four years into its global expansion plans, the company is now an established player, says Luke Roden, head of ceded re & global head of catastrophe. 25 October 2016
Insurance
Genworth Financial, the US financial services company with substantial insurance operations, has become the latest insurer to be acquired by investors from Asia. It has been acquired by China Oceanwide for approximately $2.7 billion. 25 October 2016
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