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Insurance
Assurant said on Sept. 11 that it expects pre-tax losses from Hurricane Irma to exceed its retention of $125 million pre-tax but that they will remain within the company’s comprehensive reinsurance program.   12 September 2017
Insurance
US specialty property/casualty insurer has posted a net loss of $348.9 million for 2017 after a net profit of $430.4 million in 2016 as the company prepares to go private.   19 March 2018
Insurance
The Talanx Group, which includes Hannover Re, is aiming for a net income of around €850 million in 2018 and an increase in gross premiums (adjusted for currency effects) of more than 2.0 percent.   19 March 2018
Insurance
The Germany-based group Talanx is acquiring 99.4 percent of the shares in Liberty Sigorta, the Turkish non-life subsidiary of US-based Liberty Mutual Group.   23 January 2018
Insurance
The Thomas Fire that affected the Southern California counties of Ventura and Santa Barbara in December 2017 has caused insured losses of between $1 billion and $2.5 billion, according to estimates by data analytics firm RMS.   23 January 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted Chris Sawyer to the role of manager, global financial risks (GFR) for the Asia-Pacific region.   23 January 2018
Insurance
Specialty insurer Tokio Marine has appointed Keith Miller as professional indemnity (PI), development underwriter within its Manchester office to further build its North West region footprint.   10 July 2017
Insurance
UK insurance intermediary Ardonagh Group has sold its remaining stake in the Broker Network business to Nevada Investment Holdings in exchange for a cash consideration of up to £30 million.   22 January 2018
Insurance
Against a backdrop of intense competition hindering the industry's ability to raise prices, the outlook for the French property and casualty insurance sector is negative, according to a Moody's Investors Service report, published November 29.   29 November 2017
Insurance
Specialty insurer Markel International has completed the acquisition of EC Insurance (ECIC), having received approval from the Prudential Regulation Authority.   29 November 2017

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