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AXA XL gets approval for first foreign-owned reinsurance subsidiary in China

Friday, July 3, 2020 - 19:47
by Luke Gallin of Reinsurance News

AXA XL, the property & casualty and specialty risk division of AXA, has revealed that its China subsidiary, XL Insurance (China) Company Limited has received the go-ahead from the country’s regulator to change its business license from an insurance license to reinsurance.

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United (UPC) reports $30m Q2 catastrophe losses, after reinsurance

Friday, July 3, 2020 - 19:46
by Steve Evans of Artemis

Florida headquartered, expansive catastrophe exposed primary property insurer United Insurance Holdings (UPC Insurance) has pre-reported an expected $30 million pre-tax hit from numerous catastrophe and severe weather events that struck its book of business in the second-quarter.

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Reinsurance market looks to moderate rate hikes at January 1

Friday, July 3, 2020 - 19:44
by Lorenzo Spoerry of Insurance Day

One top London market broker is forecasting rate rises of between 5% and 10% at January 1, 2021, assuming an average hurricane season

Click Here to Read More

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AXA XL gets approval for first foreign-owned reinsurance subsidiary in China

Friday, July 3, 2020 - 19:47
by Luke Gallin of Reinsurance News

AXA XL, the property & casualty and specialty risk division of AXA, has revealed that its China subsidiary, XL Insurance (China) Company Limited has received the go-ahead from the country’s regulator to change its business license from an insurance license to reinsurance.

Click Here to Read More

United (UPC) reports $30m Q2 catastrophe losses, after reinsurance

Friday, July 3, 2020 - 19:46
by Steve Evans of Artemis

Florida headquartered, expansive catastrophe exposed primary property insurer United Insurance Holdings (UPC Insurance) has pre-reported an expected $30 million pre-tax hit from numerous catastrophe and severe weather events that struck its book of business in the second-quarter.

Click Here to Read More

Reinsurance market looks to moderate rate hikes at January 1

Friday, July 3, 2020 - 19:44
by Lorenzo Spoerry of Insurance Day

One top London market broker is forecasting rate rises of between 5% and 10% at January 1, 2021, assuming an average hurricane season

Click Here to Read More

Pages