Lloyd's of London News – Page 75
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Buyers avoiding reinsurers with eurozone exposure
Insurers wary of reinsurers at potential risk as EU crisis shows little sign of improvement
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News
Brit Reinsurance boss quits
Jonathan Turner exits the Brit Reinsurance as the company mergers reinsurance and global markets
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News
Costa Concordia disaster 'to cost Hannover Re €30m'
Still too early to assess the extent of liability claims, says reinsurer
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News
PPO fears threaten UK motor reinsurance capacity
Guy Carpenter says rates increased 15%-25% at 1 January
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News
2011 worst year on record for insured losses - Munich Re
Insurers suffer $105bn of insured losses, the largest since Hurricane Katrina
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News
Rate decreases 'still achievable' - Marsh
Marsh claims record cat losses have triggered a ‘two-speed market’
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News
Canopius names new group chief executive
Current boss Michael Watson has new role at Lloyd’s insurer
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News
2011 disaster losses second worst in history
Swiss Re estimates this year’s figure only exceeded by 2005
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Swiss Re puts Thai flood losses at $600m
Total market losses are between $8bn and $10bn, reinsurer says
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Hendrick takes over XL insurance top job
Duclos hands over reins when he retires at the end of this year
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This Week
Eurozone crisis: Who should most fear a euro crash?
The European debt crisis has spread to Italy and Spain, taking crisis fears to a new high. Could the most eurozone-exposed UK insurers present a threat to the industry as a whole?
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IAG "on track" to hit GWP target
Restoring profitability at Equity Red Star is a ‘priority’
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Insurers can cope with peripheral eurozone woes
But weakening in Spanish and Italian creditworthiness could pose risk, warns Moody’s