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Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Michael O’Brien as executive vice president, as part of its expansion plans in the US around key industries and product specialties. 3 August 2017
Insurance
XL Group made a net loss of $560.4 million in 2017 – a big reversal on the $440 million net profit it posted the year before. But its CEO said the company has learned from the 2017 catastrophe experience and is adjusting its portfolio accordingly. 2 February 2018
Insurance
Western European re/insurers face limited growth prospects and a continued backdrop of low investment returns, yet in the last 12 months, AM Best-rated entities have demonstrated stable credit ratings and upgrades have outnumbered downgrades. 2 February 2018
Insurance
Tamesis Dual, part of the underwriting arm of the Hyperion Insurance Group, has appointed Ben Love as director of underwriting, based in London. 24 September 2018
Insurance
The Chartered Insurance Institute (CII) has welcomed a report saying that consultation with the public is essential in reaching a consensus on what constitutes responsible use of artificial intelligence (AI) and data. 27 September 2019
Insurance
Stone Point Capital, the Karfunkel Family, and the CEO of AmTrust Financial Services are acquiring the insurer in a transaction valued at approximately $2.7 billion. 1 March 2018
Insurance
Allied World Assurance has expanded its general casualty division in Asia with the appointment of Daphne Boon as vice president, head of general casualty (Asia) and Christie Huang as assistant vice president. 15 November 2016
Insurance
Bermuda-based Enstar Group has entered into a five year unsecured $600 million revolving credit facility with a group of lenders to fund acquisitions as well as for “general purposes.” 22 August 2018
Insurance
Independent specialty Managing General Agent (MGA) Nexus Group (Nexus) has acquired Capital Risks MGA (CRM), a London based warranty and indemnity MGA. 2 April 2019
Insurance
The proportion of financial services firms citing cyber-attack as a key risk has increased for the third consecutive time in the Bank of England’s Systemic Risk Survey. 27 June 2018
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