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Insurance
Mapfre Re profit up on declining Q1 group results
Spain-based Mapfre’s reinsurance unit Mapfre Re has grown net earnings by 22 percent year on year to €62.7 million in the first quarter of 2018 despite currency depreciations pushing premium lower.   27 April 2018
Insurance
AXA raises $3.2bn from pre-IPO restructuring to finance XL acquisition
French insurer AXA has received $3.2 billion following the completion of its reorganisation transactions ahead of the planned initial public offering (IPO) of its US operations.   26 April 2018
Insurance
Aon extends CEO contract to 2023
Broker Aon has extended the contract with its president and CEO Gregory Case until April 1, 2023.   25 April 2018
Alternative Risk Transfer
The battle for talent: ILS and reinsurers go head-to-head
IPS Search’s Colum Lovett & Dan Gattis discuss the findings of their talks with insurance executives about the clash between traditional re/insurers and the newer ILS market participants as they seek to recruit the best and brightest.   25 April 2018
Insurance
TMK expands intellectual property insurance offering
Tokio Marine Kiln (TMK) has launched a specialist intellectual property (IP) insurance offering in France, Belgium, and Luxembourg.   25 April 2018
Insurance
Insurtech firm partners with digital insurer
Berlin-based insurtech simplesurance, a digital solutions provider, and ELEMENT, a digital property/casualty insurer are partnering to bring fully-digitalized insurance policies to market.   24 April 2018
Insurance
New MGA launches under former Cathedral partner
Hive Aero, a new managing general agency (MGA) specialising in aviation hull war insurance has launched, with an initial stamp capacity of $50 million.   24 April 2018
Insurance
Munich Re Q1 profits up on low major losses
Munich Re expects its profit in the first quarter of 2018 to exceed €800 million due to “randomly low incidence” in major losses, up from €557 million in the same period a year ago.   24 April 2018
Insurance
Lloyd’s starts hiring for Brussels Brexit subsidiary
Lloyd’s of London has started hiring staff for its Brussels subsidiary which will involve positions in finance, operations, compliance, HR, and underwriting.   24 April 2018
Insurance
Lack of understanding prevents cyber insurance purchase, says study
The most significant factor preventing companies to purchase cyber insurance is that firms do not understand their own risk exposures, according to a new study of the UK cyber risk insurance and broker community.   24 April 2018

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