In its third-quarter performance update for 2023, QBE Insurance Group reported a 7% increase in gross written premium (GWP) compared to the same period in 2022. Over the first nine months, QBE’s GWP growth reached 10%. Renewal rate increases in…
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Aviva Announces Acquisition Of Option
Aviva has officially declared its acquisition of Optiom O2 Holdings Inc (Optiom) from Novacap and other minority shareholders. The approximately £100 million (around CA$170 million) deal entails Aviva assuming control of a prominent managing general agent (MGA) in Canada, recognized…
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Chubb Expands Insurance Capabilities With New B2B2C Developer Portal
Things To Know About Chubb- Chubb is considered among world’s largest property and casualty insurance companies. Currently the firm is expanding its insurance capabilities by introducing a new B2B2C developer portal to it’s platform. Looking at the background of the…
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UK Government Set Date For Consult On New Captive Insurance Regs
The UK government made a bulletin about a date for the consultation regarding new regulations related to captive insurance. This is basically a form of self-insurance where a company has it’s own backup for managing risks. The following consultation will…
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Cowbell Outlines Strategy For Transforming The Landscape Of The Cyber Insurance Market.
In April this year, San Francisco-based cyber insurer Cowbell announced its expansion into the UK market, led by the appointment of Simon Hughes as VP and general manager. A familiar face in the UK cyber insurance market, the move was…
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Acquis Lifts Lid On North American Move
The equipment leasing and asset finance market in North America is highly competitive, but for the UK-based specialist insurance provider Acquis, establishing a presence in this critical market is the next natural step for growth. Brian Madison, Acquis’ managing director…
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RSA Insurance Adds Relationship Managers To Global Network
Melissa Rayner and Christian Garcia have been appointed as relationship managers for the Global Network team at RSA Insurance. Both based in London, the two will report to strategic relationship manager Francesco Fordred. Rayner, a former senior multinational case handler…
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Allianz Reports Interim Results
It’s Allianz’s turn to outline how it’s doing so far this year. According to the insurance group’s earnings release, here are the numbers for the three and nine months ended September 30: Metric Q3 2023 Q3 2022 9M 2023 9M…
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Ecclesiastical Urges Vigilance After Activists Target Iconic Artwork
Following a recent incident in which climate activists smashed the glass cover of The Rokeby Venus at the National Gallery in Central London, Ecclesiastical Insurance is urging brokers to advise their heritage, arts, and culture clients to remain vigilant in…
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Understanding The Changing Profile Of Women In Insurance
How has the profile of women in insurance changed since Clare Lebecq joined the profession some three decades ago? In a recent IB Talk podcast, Lebecq, chief operating officer at Specialist Risk Group (SGR) and vice president of the insurance…
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