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Insurance
Charles Taylor acquires life insurer
Insurance services firm Charles Taylor has acquired Nordea Life & Pensions (NLP), an Isle of Man life insurer, from Nordea Life and Pensions, Luxembourg.   22 September 2014
Insurance
Beijing branch will boost Lloyd’s in China
Lloyd’s new branch office in Beijing will allow the market to enhance the services it supplies to the Chinese market and allow it to access what it calls the significant local talent pool.   22 September 2014
Alternative Risk Transfer
Phoenix CRetro branches into Ukraine
Ukraine-based insurance company BROKBUSINESS, a strategic partner of Bermudian niche reinsurer Phoenix CRetro, has been awarded a licence from the National Bank of Ukraine to post collateral abroad as part of its retro reinsurance capacity provision.   22 September 2014
Insurance
Online platform lures BIBA exec
The online due diligence platform for broker/agency management, REG (Regulatory Efficiency Gains), has appointed Steven Foulsham as an advisor.   22 September 2014
Insurance
Eurobase appoints insurance development director
Eurobase Insurance Solutions, a software and services provider, has made a number of appointments to its insurance team and group services team.   22 September 2014
Insurance
Brit launches cyber consortium
Brit Insurance has established a consortium to offer first loss limits of up to $250 million of first party coverage.   19 September 2014
Alternative Risk Transfer
$20bn of new capital in 2 years: Guy Carp
Over the past two years, around $20 billion of new capital has entered into the reinsurance market.   19 September 2014
Insurance
MSIG at Lloyd’s posts record results
Mitsui Sumitomo Insurance Group (MSIG) at Lloyd’s has posted solid profits for the year ended December 31, 2013.   19 September 2014
Insurance
PERILS expands windstorm loss database
Over the last 12 months, PERILS, the independent Zurich-based company providing industry-wide catastrophe insurance data, has grown its industry database—and it has plans to grow it further over the coming year.   19 September 2014
Insurance
Investors seek injunction on sale of Tranquilidade
Earlier this week, Novo Banco, the successor of Banco Espirito Santo, agreed to sell insurer Tranquilidade to private-equity firm Apollo Global Management.   18 September 2014

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