THE ITALIAN SEA GROUP S.P.A. CERVED CONFIRMS A2.2 CREDIT RATING The Italian Sea Group S.p.A. announces that Cerved Rating Agency S.p.A. (“Cerved”) has confirmed the A2.2 credit rating for the Company.
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Is the cost-of-living and cost-of-doing business crisis coming to an end? 🔚 NatWest’s head of broker, Dave Furnival considers the evidence in the latest edition of Commercial Broker magazine. Read the full article here: https://lnkd.in/eU8QqJ9v #NACFB #CommercialBroker #CostofLiving #CostofDoingBusiness
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TRESA is replacing the Real Estate and Business Brokers Act (REBBA) and Phase 2 of the new regulations are effective as of December 1, 2023. The Real Estate Council of Ontario (RECO) released a brand-new information guide for consumers. The information guide prepared by RECO is mandated and it is the only acceptable version of the information guide. Brokerages are not permitted to create their own information guide and must provide the consumer with the guide that is prepared by RECO. Call at 905-872-5680 for more updates #CREA #savemaxglobalrealty #realestateupdates #realestatenews
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Our weekly meetings are more than just discussions. From sharing industry insights to strategising for client success, these meetings are key to our success, fostering teamwork, idea exchange, and goal alignment. #proptech #dubairealestate #dubaiproperties #dubaiproperty #uaerealestate #uae #uaeproperties #brokerage #realestate #kennedyproperty #kennedypropertygroup
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TRESA is replacing the Real Estate and Business Brokers Act (REBBA) and Phase 2 of the new regulations are effective as of December 1, 2023. #LegislativeChanges #NewLawsInEffect #PolicyShift #LawUpdate2023 #RealEstateLegislation
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After listening to the interview by Scott Farley, Director of Communications at the International Underwriting Association (IUA), during an insightful conversation about the impressive growth of London’s treaty reinsurance market. What stood out most was the confidence in London as a key global hub. Farley emphasized that this growth, particularly in the treaty business (up over 25% in 2023!), is largely driven by restructuring within the market rather than entirely new business. The shift reflects how companies are leveraging London’s top talent and resources to fully capitalize on favorable market conditions. What’s more, while direct and facultative reinsurance grew by 9%, the faster pace of treaty growth is telling. It now accounts for 26% of the market—its highest share since the IUA began collecting data in 2010! The surge in classes like motor, which saw a 44% jump, illustrates the robust market environment we’re seeing. Farley also hinted at changes we might witness in 2024, but for now, it’s clear that London remains a cornerstone for treaty reinsurance success. #Reinsurance #LondonMarket #TreatyReinsurance #Growth #Insurance #RVS #MonteCarlo #MarketTrends #London
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TRESA is replacing the Real Estate and Business Brokers Act (REBBA) and Phase 2 of the new regulations are effective as of December 1, 2023. #LegislativeChanges #NewLawsInEffect #PolicyShift #LawUpdate2023 #RealEstateLegislation
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TRESA is replacing the Real Estate and Business Brokers Act (REBBA) and Phase 2 of the new regulations are effective as of December 1, 2023. #LegislativeChanges #NewLawsInEffect #PolicyShift #LawUpdate2023 #RealEstateLegislation
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As a Group, we are proud of the Fitch Insurer Financial Strength Ratings assigned to our operating companies - Utmost PanEurope, Utmost International Isle of Man and Utmost Worldwide - which were recently upgraded to ‘A+’. The rating upgrade reflects our financial strength and improved business risk profile following the smooth completion of the Quilter International integration. In their report, Fitch highlighted the strong operating performance and scale of the Group as a leading business in the international life and savings market, underpinned by an ‘extremely strong’ capital and leverage position. In light of Utmost Group's recent announcement to acquire Lombard International Group, subject to regulatory and other approvals, we are pleased to share that Fitch has confirmed our ratings will remain unchanged. This key announcement reflects Fitch’s view that the acquisition will further strengthen its operating scale and improve geographical diversity. Stay informed and don’t miss out on the latest report from Fitch here: https://lnkd.in/eQktbRKw.
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The Valuation Office Agency (VOA) is urging businesses to protect themselves from rogue business rates agents. 👀 Alan Colston, Chief Valuer at the VOA, said: “The vast majority of agents are reputable and provide a good service. But there is a small minority promising big reductions in business rates, based on incorrect information. “These rogue agents often charge substantial fees for providing poor quality submissions using our online Check and Challenge service, which is free to use. Check out the VOA’s checklist here to make sure your business stay safe: https://lnkd.in/eQfCjS2Y South Kesteven District Council SKDC #BusinessRates #CheckIt
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Tokio Marine Group’s international business has reported profit of JPY300.8 billion for the third quarter of the 2023 fiscal year, representing an increase in profit from last year’s JPY187.3 billion.
Tokio Marine’s international business reports 11.6% growth in net premiums in Q3'23 - Reinsurance News
http://www.reinsurancene.ws
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