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Aspen spends $3m to spurn Endurance advances

Aspen’s defence against a takeover attempt by Endurance has cost the business $3m (£1.78m), the firm has revealed.

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Arista transition to cause 'minimal disruption', vows Nathan

Towergate Underwriting chief executive Clive Nathan has moved to assuage potential concerns the acquisition of Arista will prove disruptive to the commercial managing general agent’s regional trading sites.

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Interview – Adrian Colosso: silencing the doubters

Back in broking action as CEO of Howden, Adrian Colosso makes it clear he thrives on proving people wrong –...

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Ridesharing: Sharing responsibility

The increasing popularity of ridesharing is creating a range of challenges for insurers – particularly when it comes to liability...

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C Suite - Broker: Universality challenge

The basic principle that underpins insurance is that of pooling of risk.

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Europe: Ghost vessels

With the Russian cruise vessel M/V Orlova adrift in the Atlantic, the insurance implications of 'ghost vessels' are front of mind

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Turkey in general insurance turnaround, says Fitch

The Turkish general insurance market made a profit of $357m (€260m) in 2013 after four years of poor results.

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Interconnected cyber risks could cause global crisis

Organizations must improve their response to cyber risks if they are to avoid a global shock similar to the 2008 financial crisis, insurer Zurich has warned.

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Catastrophes 'manageable' as global reinsurers post solid profits

Global reinsurers posted solid underwriting gains in 2013, as catastrophe-related losses were manageable and loss reserve development remained favorable, according to Fitch.

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CMC launches global insurance consultancy

CMC Insurance, a global consultancy aiming to rival the big four in the insurance and reinsurance space, has been launched by the team behind banking consultancy CMC Europe.

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Restore your profit per case: Coping with the Jackson reforms

The Jackson Reforms have taken effect, and some predictions for the claimant solicitor world are decidedly grim. The reforms call for increased settlement speed and new, lower fixed fees, compressing solicitor profitability substantially.

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Getting Ready for Solvency II – Two Key Actions for European Insurers

EIOPA has published its final guidelines for the phasing-in of the Solvency II regime, with the regulations announced to come into force on 1st January 2016. Prior to that date, European insurers have two other deadlines to meet a pre-application to the relevant regulator must be submitted in or around September 2014; and a full application to the relevant regulator must be submitted by 1st June 2015

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