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Insurance
US-based global insurance distributor AmWINS Group has announced the acquisition of California-based Networked Insurance Agents, an insurance aggregator specialising in the standard lines insurance segment. 2 May 2017
Insurance
Specialty insurer Markel Corporation has completed the acquisition of Houston-based SureTec Financial which offers contract and commercial surety bonds across 50 states in the US. 2 May 2017
Insurance
Revenues at reinsurance broker Guy Carpenter increase by 4 percent in the first quarter of 2017 reaching $385 million, according to results released by its parent Marsh & McLennan Companies. 28 April 2017
Insurance
Profits at US insurer The Hartford soared in the first quarter of the year largely driven by a reduction in net realized capital losses though this was partially offset by higher catastrophe losses. The company also enjoyed steady growth. 28 April 2017
Insurance
Arthur J Gallagher enjoyed solid growth in the first quarter of 2017 driven largely by its brokerage segment. 28 April 2017
Insurance
Interest rates globally remain very low and will further pressure insurers' investment returns in the next few years. For non-life insurers this will mean falling investment income, but for life insurers the insolvency risk is rising, according to Moody’s. 28 April 2017
News
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has appointed Adrian Hall as CEO of Canada. 28 April 2017
Insurance
The former Willis Group CEO, and Willis Towers Watson president, deputy CEO and board member Dominic Casserley has joined private equity firm Warburg Pincus as a senior advisor in its Financial Services Group. 28 April 2017
Insurance
Canada-based property/casualty re/insurer Fairfax Financial Holdings has recorded a profit in the first quarter of 2017 after a loss in the same period a year earlier while in the process of acquiring Allied World Assurance Company. 28 April 2017
News
Life reinsurer Reinsurance Group of America (RGA) enjoyed strong growth and better profits in the first quarter as its CEO said she remains optimistic about the environment and the company’s pipeline of business and deals. 28 April 2017
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