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Insurance
QBE emerging markets CEO steps down after ‘disappointing’ results
Australia’s re/insurer QBE said on Aug. 17 that the company’s CEO of emerging markets David Fried is stepping down after the operations reported disappointing underwriting results in the first half of 2017.   17 August 2017
Insurance
Validus completes $127.5m crop insurance deal
Bermuda-based Validus Holdings has completed the acquisition of Archer Daniels Midland (ADM) Company’s Crop Risk Services (CRS) business.   2 May 2017
Insurance
QBE issues profit warning on emerging markets claims
Australia’s QBE Insurance Group has said on June 21 that “significantly higher than expected claims activity during the first five months of the year in emerging markets” will hit its interim and full year results.   21 June 2017
Insurance
Markel merges global, wholesale units under president Sanders
Specialty insurer Markel Corporation has combined its wholesale excess and surplus lines and global insurance complex, risk-managed accounts divisions to form a new insurance division named Markel Assurance.   8 June 2017
Insurance
Hiscox partners with tech start-up in social media project
Specialist insurer Hiscox said on Aug. 21 has partnered with tech start-up Digital Fineprint to investigate how social media data can be used to better educate the smallest businesses on the risks they face and the insurance solutions available to help mitigate them.   21 August 2017
Insurance
Marsh partners with Schinnerer Group and Nephila on new venture
Insurance broker Marsh and Schinnerer Group's underwriting management subsidiary have launched a new commercial insurance solution covering global property risks for US-based retail clients and backed by alternative capital.   24 April 2017
Insurance
Chubb appoints new European leader
Property/casualty insurer Chubb has appointed David Furby to lead its European region following the retirement of Andrew Kendrick.   12 June 2018
Insurance
Swinton to axe up to 900 jobs in digital push
UK insurance retailer Swinton Group is reviewing 84 of its branches as it restructures the business to be more digitally focused, which is likely to result in a reductions of around 900 roles by the end of the year.   27 April 2017
News
Target Group hires new chief financial officer
Target Group, the financial services outsourcing and software provider, has appointed Iestyn Evans as the group’s new chief financial officer (CFO).   14 June 2017
Insurance
AmTrust Q1 profit hit by cat losses, adverse reserve development
US specialty property/casualty insurance provider AmTrust Financial Services has seen its net profit plummet in the first quarter of 2017 due to natural catastrophes and prior year adverse development.   9 May 2017

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