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Re/insurance group Amlin has posted strong results for 2013 but also warned of rapid changes and challenges in some of its key markets highlighting the influx of alternative capital and a consolidation of capacity driven by brokers. 3 March 2014
Insurance
Willis has appointed Andy Whitehouse as group director of marketing and communications. He will report to Dominic Casserley, group CEO. 3 March 2014
Insurance
Lloyd’s has welcomed the announcement earlier this year that Beazley and Hiscox have joined forces to form a consortium that will offer directors’ & officers’ (D&O) coverage in the US. 28 February 2014
Insurance
The recent wet weather, which is the worst on record for 250 years according to the Met Office, could become a regular occurrence due to climate change, according to insurer Allianz. 28 February 2014
Insurance
Re/insurance broker Miller has combined its property and casualty specialists into one unit, which will be headed by Ken MacDonald. 28 February 2014
Awards
Large reinsurance buyers are increasingly replacing mid-tier reinsurers on their panels with collateralised coverage or larger ILS deals while also retaining more risk – but they are also forming closer and deeper relationships with their bigger reinsurance partners. 28 February 2014
News
RenaissanceRe has appointed Ross Curtis as group chief underwriting officer. He has been promoted to the post currently held by president and CEO, Kevin O’Donnell and will start from July 2014. 27 February 2014
Insurance
RSA Insurance Group reported disappointing annual results against the backdrop of a rights issue, which it hopes will raise £775 million. 27 February 2014
News
Xchanging, the business process, procurement and technology services provider, achieved a year-on-year improvement in its financial performance, its 2013 results show. The company’s adjusted operating profit increased by 10.1 percent to £55.5 million for the year and its net cash increase by 56.4 percent to £120.1 million. 27 February 2014
Insurance
Allianz Group posted solid growth in its 2013 results and has forecast a stable operating profit in 2014 despite what it described as a politically and economically challenging environment. 27 February 2014
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