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Most UK insurers will pay dividends, despite PRA's letter
01 April 2020Some firms had already planned to withhold capital distribution to shareholders
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US insurers in Covid-19 coverage crisis
24 March 2020Insurers are being asked critical questions about their role in protecting consumers from the coronavirus pandemic. Despite calls from on high, the industry says it will not cover business-interruption and workers compensation losses. As the crisis deepens, industry bodies say such demands could threaten the stability of the sector. Sarfraz Thind reports
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North American insurers "not well prepared" for negative rates
24 March 2020Regulatory models also break down under negative rates, actuarial research finds
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Helvetia acquires majority stake in Spain's Caser for €780m
24 January 2020The Swiss insurer will issue hybrid bonds and equities to finance the purchase
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Hong Kong's PICC P&C predicts net profit jump up to 60%
22 January 2020PICC P&C renews ceding arrangement with PICC Re amid positive outlook for region's reinsurers
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Private equity in Bermuda - who owns which insurer?
24 December 2019PE investment into Bermuda's re/insurance industry continued in 2019
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US P&C insurers criticise California's non-renewal moratorium
06 December 2019California’s insurance commissioner has stopped non-renewals in the state’s wildfire risk areas
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IAIS Abu Dhabi: Why the Treasury and NAIC returned different ICS conclusions
19 November 2019"Team USA" voiced wildly divergent tones in their reaction to the ICS talks in Abu Dhabi last week. But, despite their strong statements, the US negotiators appear to be in accordance over zero implementation of IAIS's capital accord and the potential to move forward with compromise. Sarfraz Thind reports
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Lancashire's UK CUO becomes CEO for Bermudian business
07 November 2019Hayley Johnston takes over as chief executive officer
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Climate change ranked as top emerging risk
23 October 2019Cyber and technology ranked second and third in survey of emerging risks