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European reinsurers well-placed to absorb cat losses and take advantage of continued price increases: Fitch

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The big four European reinsurers are well capitalised to absorb catastrophe losses and build on pricing increases that are expected to continue into next year, Fitch Ratings has said.

At a briefing ahead of the reinsurance sector’s annual conference in Monte Carlo next week, the ratings agency said that Munich Re, Swiss Re, Hannover Re and Scor are all capitalised in excess of

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Air India crash claim could reach around £150m

The fatal crash of Air India flight AI171 on Thursday (12 June) is expected to cost the insurance industry more than $200m (£147.2m), more than the direct written premium for aviation in India, according to analysts GlobalData.

Big Interview: Jason Richards, Swiss Re

Jason Richards, Swiss Re CEO for UK and Ireland sits down with Scott McGee to talk through company priorities, the UK property insurance market, and what he thinks must be the top priorities for the next CEO of Lloyd's.

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