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Despite accelerating price declines, Munich Re’s strategic targets are still achievable: Jefferies

Financial services company Jefferies has reviewed German-based, global insurance and reinsurance group Munich Re’s prospects against a backdrop of weakening reinsurance prices. Jefferies has maintained its Hold recommendation on Munich Re but cut its price target from €600 to €550. The company said the revised valuation reflects a higher level of execution risk as underwriting…

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'Act Fast, Don't Panic': Experts Share What To Do If You Click On A Scam Link

If you’ve noticed more scam calls and increasingly convincing phishing emails recently, you’re not alone. The UK National Cybersecurity Centre (NCC) itself has said that “scams are getting smarter, and some even fool the experts”.  AI tools and voice cloning (where fraudsters use clips of someone’s voice to mimic a loved one on the phone) might make your online life…

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The Psychology Of Celebrity Traitors Revealed

The Celebrity Traitors is back for a second season, and has already delivered backstabbing, accusations and suspicions among its famous cast. While any series of Traitors guarantees plenty of tension, there’s something about the celebrity version in particular that just feels so much more sinister. From episode one, Ross Kemp was suspicious of his fellow…

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MISSION’s France-based MGA to streamline fragmented surety market for brokers

MISSION, the MGA Capital Partner, has launched Trevanti, a specialist surety managing general agent (MGA) based in France, led by Jean Lowe as CEO. As the company’s first MGA in Continental Europe, this launch marks an important milestone in MISSION’s international expansion and further strengthens its growing portfolio of specialist underwriting businesses. Ross Dingwall, CEO…

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EIOPA outlines supervisory expectations for private equity-backed insurers

The European Insurance and Occupational Pensions Authority (EIOPA), the EU body responsible for supporting effective and consistent supervision of insurance and occupational pensions, has issued new guidance on the authorisation and ongoing supervision of re/insurance undertakings with links to private equity. In its supervisory statement, EIOPA sets out areas it believes national supervisory authorities should…

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