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The reinsurance industry is dominated by talk of disruptive threats, cutting out loops in the supply chains and getting "closer to the risk".
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Aon Securities has appointed Darren Bailey to lead the company's London-based capital markets business, replenishing its UK operation after losing two staff from the unit earlier this summer.
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Continuing pressure for broader peril coverage is expected to be one of the themes of the upcoming retro renewals at 1 January, as a handful of buyers made early steps towards securing capacity.
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Typhoon Meranti is likely to cost insurers between $650mn and $1.15bn after the storm made landfall in eastern China's Fujian Province on 15 September, catastrophe modeller AIR Worldwide said
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The Pioneer ILS Interval Fund has increased its stake in TransRe's Pangaea sidecar, according to the fund's latest quarterly filings.
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Axa Investment Managers (Axa IM) has replenished its ILS team following the departure of ILS analyst and portfolio manager Benoît Liot, recruiting a former Swiss Re property underwriter to replace him.
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Deutsche Bank has agreed to sell its Abbey Life subsidiary to Phoenix Life Holdings for £935mn.
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The California Earthquake Authority (CEA) grew its number of in-force policies by 3 percent in the first eight months of 2016, as it sold nearly twice the amount of new policies bought throughout the full-year 2015
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ILS funds gained 0.86 percent on average in August, as a rising cat bond market and largely loss-free month boosted returns, according to the Eurekahedge ILS Advisers Index.
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Scor said it planned to appeal the European Commission's ruling that the state guarantee provided to French reinsurer Caisse Centrale de Réassurance (CCR) complied with EU market rules.
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The European Commission has cleared the state guarantee arrangement that allows French reinsurer Caisse Centrale de Réassurance (CCR) to provide natural catastrophe cover in the country.
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Former Cathedral Capital CEO Peter Scales' new venture has received in-principle approval for a 1 January launch from the Lloyd's Franchise Board and is planning to use ILS capital as part of a mixed investor base.
