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Insurance
The US property/casualty (P&C) industry recorded a net underwriting loss of $5.1 billion for the first six months of 2017, a deterioration from the loss of $2.0 billion in the prior year period, according to ratings agency AM Best. 30 August 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Matthew Watson to its professional indemnity (PI) team. 5 July 2017
Insurance
Maiden Holdings’ board of directors has retained BofA Merrill Lynch to assist the company in evaluating strategic alternatives to enhance the value of the enterprise. 9 April 2018
Insurance
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has made a series of appointments in North America, Latin America & Caribbean and Hong Kong. 9 April 2018
Insurance
Property/casualty insurer Chubb has made two senior management appointments in Europe, in its global accounts division. Suresh Krishnan and Tina Lakickas will assume their new roles from March. 23 February 2017
Insurance
Antares Asia, a member of the QIC Group, has appointed Ching Ching Long as marine senior underwriter. 3 May 2016
Insurance
AmTrust Financial Services CEO Barry Zyskind continues to expect the transaction to turn the specialty property/casualty insurer into a privately held company to occur in the second half of 2018 despite the recent intervention by billionaire investor Carl Icahn. 21 May 2018
Insurance
The Hanover Insurance Group has appointed Richard Lavey as president of Hanover Agency Markets, succeeding John Roche, who was recently named president and CEO of The Hanover. 8 November 2017
Insurance
NMI Holdings said that its subsidiary National Mortgage Insurance Corporation is preparing for a capital markets-based reinsurance transaction with a newly-formed Bermuda special purpose insurer to purchase $211.3 million of excess of loss reinsurance protection. 25 April 2017
Insurance
Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on Rating Watch Negative following its agreement to acquire Jardine Lloyd Thompson Group (JLT) for roughly $5.6 billion. 24 September 2018
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