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Insurance
Former AssuredPartners vice chair becomes president of US broker Acrisure
US insurance broker Acrisure has appointed former vice chairman of AssuredPartners Michael Sherman as president, effective immediately.   25 April 2017
News
Reinsurance Association of America appoints senior vice president of federal affairs
The Reinsurance Association of America (RAA) has appointed Nicole Austin as senior vice president, federal affairs.   25 April 2017
News
Swiss Re sets up Asia headquarters in Singapore
Zurich-based Swiss Re has established a dedicated regional legal entity in Singapore for its reinsurance business unit. The entity will also house the regional headquarters for Swiss Re’s network of reinsurance operations in Asia.   18 April 2017
Insurance
Brit appoints CEO of Singapore operations from ArgoGlobal
Specialty re/insurer Brit has appointed David Lim as the CEO of Brit Global Specialty Singapore with effect from May 15, 2017.   13 April 2017
Insurance
Alliant forms specialty group under president Peter Arkley
California-based Alliant Insurance has combined its portfolio of industry-focused specialty insurance practices under one banner to form Alliant Specialty Group, which will be led by Peter Arkley.   13 April 2017
News
Swiss Re puts Cyclone Debbie claims at $350m, total insured market losses at $1.3bn
Swiss Re has reported its claims estimate for tropical Cyclone Debbie at around $350 million.   13 April 2017
Insurance
Allianz Insurance appoints claims major loss manager
UK-based Allianz Insurance, part of the Allianz Group, has appointed Bob Dawson to the position of claims major loss manager.   13 April 2017
Insurance
Zurich completes Cover-More takeover for $565m
Zurich Insurance Group has completed the acquisition of Australian travel insurer Cover-More Group in a A$741 million ($565 million) deal that expands its travel portfolio and positions Zurich as a top three global travel insurance provider.   13 April 2017
News
RenRe expects $30m hit from UK Ogden rate cut
Bermuda-based RenaissanceRe Holdings (RenRe) has estimated that the pre-tax impact of the Ogden rate change on its carried reserves is approximately $30 million, and will be recognised in the first quarter of 2017.   13 April 2017
Insurance
Ogden hits LV= 2016 results with £139m reserve increase
Mutual insurer London Victoria (LV=) recorded an 81 percent fall in operating profit for 2016 due to the UK's personal injury Ogden discount rate change.   13 April 2017

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