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Insurance
XL Group Q1 income jumps despite greater catastrophe losses
XL Group has announced a significant increase in net income for the first quarter despite greater catastrophe losses and a hit from the UK’s personal injury Ogden discount rate change.   27 April 2017
News
Munich Re CEO Von Bomhard officially hands over the reins to Wenning
After heading the group for over thirteen years in a row, chief executive Nikolaus von Bomhardhas has officially left Munich Re following the company's annual general meeting on April 26.   27 April 2017
News
SCOR Q1 net income falls due to Ogden rate change
French reinsurer SCOR has seen its net income drop in the first quarter of 2017 as the company had to accommodate the UK’s personal injury Ogden discount rate change.   27 April 2017
Insurance
PERILS appoints Swiss Re exec as head of Asia Pacific
Zurich-based catastrophe insurance data provider PERILS has appointed Darryl Pidcock as the head of Asia Pacific, based in Sydney.   27 April 2017
News
Cat losses hit CCR but open market reinsurance unit drives growth
Higher levels of catastrophe losses pushed profits at French government-backed reinsurer CCR down in 2016 but the company enjoyed some healthy growth largely driven by it writing more business in the open reinsurance market via the newly-created CCR Re.   26 April 2017
Insurance
Q1 profits soar at Chubb driven by P/C unit
Chubb enjoyed a very profitable first quarter and strong growth aided by underwriting income generated by the property/casualty business leading to substantial underwriting income and improved investment returns.   26 April 2017
Insurance
VHV Insurance Group upgrade by S&P
S&P Global Ratings has upgraded the core companies of Germany-based multiline insurer VHV Insurance Group to 'A+' from 'A'. The outlook is stable.   26 April 2017
Insurance
XL Catlin boosts global M&A team with new hires from Liberty and AIG
Re/insurer XL Catlin has expanded its mergers and acquisitions (M&A) insurance product suite while strengthening its global team with three key hires.   25 April 2017
Insurance
Liberty hires senior exec from XL Catlin for European role
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kerry McKay to the newly-created role of head of distribution and client management for Continental Europe.   25 April 2017
Insurance
Solvency II puts insurers at risk of being marginalised by investors
The insurance sector is at risk of being further marginalised by investors as performance reporting has become more complicated as a result of Solvency II, according to a joint report by Willis Towers Watson and Autonomous Research.   25 April 2017

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