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Hannover Re profits increase boosted by strong P/C reinsurance
Hannover Re, the third-largest reinsurer in the world, has reported an increase in its net income for the first quarter of the year. The company made €271.2 million, compared with €240.7 million in the first quarter of last year.   10 May 2016
News
Munich Re manages full-year profit guidance as Q1 results falter
Munich Re has reported a fall in its profits for the first quarter of 2016, down to €436 million, compared with €790 million in the first quarter of 2015.   10 May 2016
Insurance
XL Catlin poaches RSA exec to lead GAPS
XL Catlin has appointed Jonathan Salter as head of global property risk engineering, also known as Global Asset Protection Services (GAPS).   6 May 2016
Insurance
Sciemus launches insurance product for lack of sunlight on solar farms
Sciemus, a provider of modelling and analytics to the global insurance markets, has launched an insurance policy to protect the owners of solar farms against a lack of sunlight.   5 May 2016
Insurance
Q1 revenues at Allianz dip but net profits climb
Allianz Group has reported total revenues for the first quarter of 2016 of €35.4 billion, down 6.4 percent on the €37.8 billion it made in the same quarter of 2015.   4 May 2016
Insurance
Helen Banton announced as new COO for Sequel
Sequel, the insurance and reinsurance software provider, has appointed Helen Banton as chief operating officer. Banton will be responsible for overseeing the next stage of Sequel’s strategic plan and leading the company through the phase of substantial growth it is currently experiencing.   4 May 2016
Insurance
Fadata boosts management team with new CFO
Fadata, a provider of insurance technology solutions, has appointed Tom Mullan as chief financial officer (CFO).   4 May 2016
Insurance
Alesco expands renewable energy with double hire from Marsh
Alesco Risk Management Services, a specialist broker, has poached two senior renewable energy brokers from Marsh.   4 May 2016
Insurance
Swiss Re profit dips amid “challenging environment”
Swiss Re has reported a net income of $1.2 billion for the first quarter of 2016 – down from $1.4 billion at the same time period last year.   29 April 2016
Insurance
Munich Re to pay out ‘significantly increased’ dividend to shareholders
Munich Re will pay a significantly increased dividend of €8.25 ($9.37) per share for the financial year 2015, up €0.50 on the previous year's dividend of €7.75. Munich Re's total payout to its shareholders will now be more than €1.3 billion.   28 April 2016

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