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Insurance
Markel Corporation has appointed Glenn Mozingo to the newly-created role of managing director, global insurance business development and corporate account executive. 13 April 2017
Insurance
The Lloyd’s Market Association (LMA) has urged the UK government to rethink the consequences of the ‘Vnuk’ judgement, a European Court of Justice decision that broadened the scope of compulsory motor insurance. 13 April 2017
Insurance
Ratings agency AM Best has downgraded the Financial Strength Rating (FSR) of MS Amlin Underwriting managed Lloyd’s Syndicate 2001 due to what it describes as deteriorating technical performance. 13 April 2017
News
AXIS Re, a subsidiary of Bermuda-based AXIS Capital Holdings, has appointed Michael Leahey as vice president and deputy head of catastrophe underwriting for Europe, Middle East and North Africa (MENA), and Israel to further expand its business in these regions. 12 April 2017
Insurance
The insured property losses caused by extra-tropical cyclone Egon have reached €234 million in a revised estimate by PERILS, the Zurich-based catastrophe insurance data provider. 12 April 2017
Insurance
Zurich-based catastrophe insurance data provider PERILS has estimated the initial insured property market loss from extra-tropical cyclone Thomas at €213 million. 6 April 2017
Insurance
Bermuda-based insurer Ironshore has promoted Thomas Duggan as chief claims officer of its environmental unit, overseeing specialty market claims management and processes throughout its global platform. 6 April 2017
Insurance
Chris Sime, the head of sales and strategic accounts at Zurich Insurance, has joined Global Risk Partners (GRP), an insurance broking and managing general agent (MGA) investment vehicle, as its group business development director. 3 April 2017
Insurance
Hong Kong-based Peak Reinsurance Company’s premium income increased by 20 percent year-on-year in 2016 with a barely changed combined ratio but net profit was hit by lower investment returns. 3 April 2017
Insurance
Hong Kong-based Peak Reinsurance Company's net profit was $6.9 million in the 2016 financial year, which compares to $59.2 million in the previous year. 29 March 2017
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