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Insurance
JLT Group has hired a senior executive from Starr to expand its facultative business in North America, based in JLT Fac’s New York office.   16 October 2018
Cincinnati Financial expects $120 million in Q3 cat losses
Insurance
Property/casualty (P&C) group Cincinnati Financial Corporation expects its third-quarter 2018 results to include pre-tax catastrophe losses of approximately $120 million.   15 October 2018
Hurricane Michael losses at up to $5bn: CoreLogic
Insurance
Insured residential and commercial storm surge and wind losses from hurricane Michael are estimated at between $3 billion and $5 billion, according to an update by data provider CoreLogic.   15 October 2018
Insurance
Marsh & McLennan’s acquisition of JLT has been on the cards for some time. While the two players complement each other in many areas, Marsh has taken on a lot of debt to finance the deal—which may cause it problems. Intelligent Insurer reports.   12 October 2018
Insurance
Insured losses from Hurricane Michael will be close to $8 billion, according to catastrophe modelling agency Karen Clark & Company (KCC).   12 October 2018
Insurance
Thirty-Nine US technology companies and twenty UK-based companies have been named on the InsurTech 100 global list of innovative companies by research firm FinTech Global.   12 October 2018
Insurance
US-based property/casualty insurer Hanover Insurance Group has hired Allianz Group's Kevin Leach to expand its financial institutions offering.   12 October 2018
Insurance
Bermuda-based Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, has appointed Steve Zonca as CEO of its US-based operating subsidiaries.   12 October 2018
Insurance
Insurtech start-up iX Technology Group has appointed Sally Coryn as executive chairman, responsible for developing the group’s strategy as it seeks to build innovative blockchain-based solutions to meet the needs of the insurance market.   12 October 2018
Insurance
Liberty Mutual has launched a new financial risk solutions unit by combining credit and political risk experts from Liberty Specialty Markets (LSM) and Ironshore into a single global operation.   11 October 2018

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