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Insurance
Arch revises Q4 cat loss estimates; anticipates write down due to tax changes
Arch Capital Group has established a range of pre-tax losses of $60 million to $75 million, net of reinsurance recoveries and reinstatement premiums, the catastrophic events in the fourth quarter of 2017. These included a series of wildfires in California and a series of smaller catastrophe events occurred around the globe.   10 January 2018
Insurance
Ed taps Willis director to expand property/casualty division
Ed, the broker formerly known as Cooper Gay, has appointed Namik Gulsun as head of international property and casualty.   14 February 2017
Insurance
Lockton taps Zurich's head of financial lines
Insurance broker Lockton has hired Zurich Insurance's head of financial lines to strengthen its professional services team in the UK.   22 January 2018
Alternative Risk Transfer
A dynamic time for risk in Asia: Aon
Technology, regulatory change and a desire to close the protection gap are the biggest factors shaping the risk transfer landscape across Asia, says George Attard of Aon’s Reinsurance Solutions business.   29 October 2018
Insurance
Everest hires trio from Beazley, XL and CNA for inland marine
Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has expanded its inland marine team with the hiring of Tom Warner, Mike Lewis and Timothy Janeway.   30 March 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
Markel promotes Mozingo to global insurance role in US
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
Transamerica to acquire Mercer’s US book of business
Global consulting firm Mercer has entered into a strategic alliance with US-based insurance firm Transamerica whereby Transamerica will acquire Mercer’s US defined contribution (DC) administration book of business. Transamerica will also become Mercer’s preferred DC record keeping provider.   28 September 2015
Insurance
Argo Pro hires duo from Hiscox and Travelers
Argo Pro, a subsidiary of specialty re/insurer Argo Group, has appointed Mary Henderson as senior vice president, head of financial institutions, and Dan Gmelin as vice president, underwriting, architects and engineers (A&E).   29 June 2017
Insurance
Concirrus: understanding risk in marine insurance
London-based insurtech startup Concirrus was founded to fill the gap in the commercial lines market.   29 September 2017

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