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Top news from the wider insurance industry, including major insurance trends, company news, and industry issues.
A new report aims to tackle the uncertainty about the ability of intermediaries to place and service European risk from the UK post-Brexit.
According to the latest Global Catastrophe Recap report from Aon Benfield, the January windstorms that hit Western and Central Europe will cost insurers in the region more than US$2 billion.
Insurer Zurich has announced a $1-billion share buyback and dividend increase, despite profits falling by 15 per cent in 2017.
South Korea’s Financial Services Commission (FSC), the top financial regulator in the country, has announced plans to ease financial licensing regulations, including within the local insurance market.
New research from Finaccord into the state of global bancassurance strategies has found that both the captive and joint venture models are ‘thriving’.
Aviva Canada has announced that it will be launching an insurtech development programme, in partnership with ‘innovation hub’ OneEleven.
Allianz has announced plans to acquire 100 per cent of Janashakthi General Insurance Limited (JGIL).
Andrew Agnew, Chair of London and International Insurance Brokers’ Association (LIIBA), asserted in a recent speech that ‘clients must come first in Brexit’.
The London and International Insurance Brokers’ Association (LIIBA) recently published its priorities for 2018.
The past three months has seen a decline in the UK general insurance industry’s confidence.
The insurance linked securities market is set for another year of growth, says the investment banking business Willis Towers Watson Securities.