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International

Lloyd’s returns to profit after natural catastrophe hit

24 September 2018

Lloyd’s reported a profit in the six months to June 30 after sliding to a loss last calendar year when claims from major catastrophes took a heavy toll…

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Florence could cost insurers $6.3 billion

24 September 2018

Insurers face up to $US4.6 billion in losses from Hurricane Florence, which struck the US east coast earlier this month…

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Big claims loom after Mangkhut flays Hong Kong

24 September 2018

Hong Kong insurers are bracing for up to $US1 billion in Mangkhut-related losses, S&P Global Ratings says…

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Premium growth masks tough marine landscape: IUMI

24 September 2018

Marine insurers are operating in precarious conditions despite the sector enjoying a 2% rise in premiums to $US28.5 billion last year, the International Union of Marine Insurance says…

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‘Unthinkable’ marine risks are now the norm

24 September 2018

Marine underwriters have no choice but to accept that abnormally large-loss events will occur with regularity, International Union of Marine Insurance (IUMI) President Dieter Berg says…

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Insurers resetting investment risk limits, says BlackRock

24 September 2018

Insurers are increasing their appetite for higher risk investments despite challenging market conditions as they seek to boost earnings, according to an annual global survey for investment giant BlockRock…

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Tokio Marine’s stake in Hollard SA gets thumbs up from Moody’s

24 September 2018

The 22.5% stake that Tokio Marine has acquired in Hollard South Africa and Hollard International has been declared credit positive by ratings agency Moody’s…

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