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Insurance
Markel Corporation has entered into a definitive agreement to acquire SureTec Financial for approximately $250 million, including a three-year earn out. 2 February 2017
Insurance
XL Group enjoyed strong growth in 2016 boosted by the integration with Catlin Group but profits tumbled in what its CEO called a very challenging year characterised by increased levels of catastrophe losses. 2 February 2017
Insurance
In its last set of full-year results ahead of its acquisition by Fairfax, Allied World Assurance Company posted a solid set of results for 2016 with gross written premiums stable and an increase in its profits driven largely by its investment performance. 2 February 2017
Insurance
Broker Willis Towers Watson (WTW) has appointed Ken Ross as head of its Finex North America business, the company’s management liability specialty group. 2 February 2017
Insurance
John Gauthier, Allied World Assurance Company's chief investment officer (CIO) and executive vice president, has left the company, it has been revealed. 2 February 2017
Insurance
Chubb has appointed executive vice president Sean Ringsted to a newly-created position of chief digital officer. 2 February 2017
Insurance
Specialty re/insurer Navigators has appointed Jacob Ingerslev to the newly-created position of global practice leader for cyber liability. 2 February 2017
Insurance
Specialist insurance broker NFP has enhancement its leadership team with the promotion of Bill Austin to president of the Northeast region. 2 February 2017
Insurance
Profits at Chubb soared in both the fourth quarter of 2016 and for the full year, reaping the rewards of the ACE-Chubb merger as Evan Greenberg, the company’s CEO, said the company had “achieved or exceeded substantially all of the financial and non-financial targets we set at the time of the merger”. 1 February 2017
Insurance
RenaissanceRe Holdings (RenRe) has reported net income of $69.4 million in the fourth quarter of 2016, a fall from the $92.2 million it reported in the fourth quarter of 2015. However, the Q4 figures take RenRe’s total 2016 net income to $480.6 million, up on the $408.8 million it made in 2015. 1 February 2017
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