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Insurance
Coverys Managing Agency poaches Argo Global CRO
Georgia Tsiakki, chief risk officer of Argo Global, has agreed to join Coverys’ newly-acquired Lloyd’s business later this year.   9 January 2018
Insurance
Willis Re attempts to add ‘silent cyber’ to risk model
Willis Re has upgraded its cyber risk portfolio modelling tool PRISM-Re to now include what it has termed silent cyber – cyber losses arising from insurance policies not specifically designed to cover cyber risk.   9 January 2018
Insurance
CNA hires Chubb exec to lead financial institutions practice
US-bases commercial insurer CNA has appointed Carrie Goesel as vice president, financial institutions underwriting.   9 January 2018
Insurance
XL Catlin taps QBE's Asia-Pacific head of underwriting
Re/insurer XL Catlin has appointed Todd Wilhelm as regional product leader for growing its energy, property and construction book in Asia Pacific. He will be based in Singapore.   8 January 2018
Insurance
MS Amlin promotes CUO to succeed Philipps as CEO
Simon Beale, currently chief underwriting officer of MS Amlin, will succeed Charles Philipps as the CEO in April 2018.   4 January 2018
Insurance
Sompo International acquires US surety insurance group
Sompo International's US insurance platform has reached an agreement to purchase the operating subsidiaries of Lexon Surety Group.   4 January 2018
Insurance
Greenberg’s Aquiline commits $500m to form new reinsurer
Armour, a P&C run-off insurance business, has raised some $500 million in equity commitments in partnership with an investor group led by Aquiline Capital Partners, a New York-based private equity firm. It will form a new reinsurer with the money.   4 January 2018
Insurance
XL appoints successor as chief enterprise risk officer retires
XL Group's group chief enterprise risk officer (CERO) Jacob Rosengarten has retired. His successor has been named as Fielding Norton, previously deputy CERO.   4 January 2018
Insurance
AM Best revises US commercial P/C business to stable from negative
AM Best is revising its outlook on the commercial lines segment of the US property/casualty industry to stable from negative for 2018, citing an embedded change in the sophistication of the segment’s pricing and underwriting infrastructure and the segment’s resilience amid a variety of macroeconomic and insurance market issues in recent years.   4 January 2018
Insurance
Pioneer poaches financial lines underwriter from Chubb
Pioneer Underwriters has hired a financial lines underwriter from Chubb to boost its financial institutions unit.   4 January 2018

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