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Technological advances mean insurers in Europe are now in a better position to actively manage and mitigate thunderstorm losses rather than treat them as attritional
A tough market is set for a shake-up
Big shipping losses continue to fall but emerging trends combined with perennial human error could increase claims
With nearly half of Lloyd's business now conducted via delegated authority, it is critical claims management processes meet the same high performance standard across the market, no matter where or how the business is written
Insurers increasingly must be clear about the scope and exclusions of D&O cover provided in Germany, particularly the high costs associated with compliance investigations
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Hurricane Irma has highlighted some of the challenges facing reinsurers operating in the Sunshine State
Inga Beale’s tenure as chief executive has seen Lloyd’s gain ground in its modernisation drive, but the hearts and minds of many within the market are still to be won
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