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Insurance
Assured Guaranty Q1 profit jumps on acquisition, business improvement
Bermuda-based Assured Guaranty’s recorded a substantial improvement in net profit in the first quarter due to fair value gains on credit derivatives and the acquisition of MBIA UK Insurance.   5 May 2017
Insurance
HCI boosts Q1 profits by cutting reinsurance costs
Florida-based homeowners’ insurer HCI reduced reinsurance purchases in the first quarter of 2017, boosting profits while price increases caused premium drop.   5 May 2017
News
SCOR Q1 net income falls due to Ogden rate change
French reinsurer SCOR has seen its net income drop in the first quarter of 2017 as the company had to accommodate the UK’s personal injury Ogden discount rate change.   27 April 2017
Insurance
PERILS appoints Swiss Re exec as head of Asia Pacific
Zurich-based catastrophe insurance data provider PERILS has appointed Darryl Pidcock as the head of Asia Pacific, based in Sydney.   27 April 2017
Insurance
XL Catlin boosts global M&A team with new hires from Liberty and AIG
Re/insurer XL Catlin has expanded its mergers and acquisitions (M&A) insurance product suite while strengthening its global team with three key hires.   25 April 2017
Insurance
WR Berkley's reinsurance unit posts underwriting loss in Q1
Commercial lines insurer WR Berkley Corporation has reported an underwriting loss for the first quarter of 2017 in its reinsurance operations.   25 April 2017
News
Everest Re Group achieves profitable growth in Q1 2017
Bermuda-based Everest Re Group has reported a jump in premium and profitability in the first quarter of 2017.   25 April 2017
Insurance
Pen Underwriting hires Zurich exec as regional director and head of SME
Pen Underwriting has appointed Jason Wilson as regional director for London and the South East, and head of small and medium-sized enterprises (SME) in its commercial division.   25 April 2017
Insurance
Liberty hires senior exec from XL Catlin for European role
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kerry McKay to the newly-created role of head of distribution and client management for Continental Europe.   25 April 2017
Insurance
Solvency II puts insurers at risk of being marginalised by investors
The insurance sector is at risk of being further marginalised by investors as performance reporting has become more complicated as a result of Solvency II, according to a joint report by Willis Towers Watson and Autonomous Research.   25 April 2017

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