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Beazley completes new capital raising

Beazley announced yesterday to the LSE (click here for the full announcement) that it intended to raise some £247 million (approximately $300 million) through a...

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Expectations for Florida reinsurance renewals rise

Expectations for significant rate increases in the fast approaching June reinsurance renewals for Florida insurance companies abound as a result of interplaying...

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Table of 2018 estimates and 2019 estimates received so far

As reported in earlier articles this month, some syndicates have already provided their updated 2018 estimates and their 2019 Account estimates....

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Syndicate 2121 updated 2018 Account estimate and 2019 Account estimate

Argenta Syndicate Management ("ASML") has released an updated 2018 Account estimate and a first 2019 Account estimate...

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TMK syndicates 510 and 557 updated 2018 and 2019 Account estimates

Tokio Marine Kiln ("TMK") has released updated 2018 and 2019 Account estimates (with extended ranges on Syndicate 510 to reflect the uncertainty surrounding the...

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COVID-19 and continued market hardening, stress the US property and casualty market, reports CIAB

The US Council for Insurance Agents and Brokers ("CIAB") has reported that based upon a survey of its Membership of insurance brokers and agents around the whol...

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Lloyd's approved to notify existing EEA policyholders of transfer to Lloyd's Brussels

Lloyd’s announced on 2 July 2018 that it was working on transferring all European Economic Area business to Lloyd’s Brussels before the end of 2020 via an insur...

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Table of updated 2018 Account and 2019 Account estimates

Lloyd's released to the LSE this morning, syndicates' 2018 Account estimates updated as at 31 March as well as a complete set of 2019 Account estimates for the...

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Lloyd's new portal for accessing Funds at Lloyd's information

Lloyd's has announced that it will be launching a new portal that will enable Members, agents and investment advisers to access Funds to Lloyd's information....

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US moves to issue Pandemic Risk Insurance Act ("PRIA")

Draft legislation to form a US Federal government backed "Pandemic Risk Reinsurance Program" was introduced to Congress on 26 May. The Republican Congresswoman...

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