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Insurance
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
Willis Towers Watson has appointed Mark Quinn as global head of its specialist inspace broking unit. 22 April 2016
Insurance
Specialist Lloyd’s insurer Neon, formerly Marketform, has appointed Mireille Dolonen as marine and offshore construction underwriter. 23 June 2016
Insurance
The Insurance Commissioner of California has called for changes in the law that will ensure improved availability of fire insurance in the aftermath of the wildfires in the state and some insurers’ reluctance to cover this risk. 5 January 2018
Insurance
The chief executive of Probitas Syndicate 1492 at Lloyd’s has said the syndicate may move to find a buyer for the capacity and shareholding in Probitas provided by Istmo Compañía de Reaseguros (Istmo Re), the Panama reinsurer now under regulatory supervision in its home market. 15 December 2016
Insurance
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
Insurance
DUAL, the underwriting arm of Hyperion Insurance Group, has appointed Mark Hudson as chief financial officer (CFO) of DUAL Group, effective September 2016. 17 May 2016
Insurance
The US workers’ compensation market remains profitable for insurers, but pricing pressure on rates will inevitably erode performance, according to a report by Fitch Ratings. 30 October 2018
Insurance
Intermediary Hyperion Insurance Group enjoyed strong growth in its full year ending September 30, 2016 with revenues increasing by 45 percent to £434 million compared with £299 million in 2015. 11 January 2017
Insurance
Sompo International Holdings (SIH), a Bermuda-based specialty provider of property and casualty re/insurance, has announced a new organisational structure and the launch of a global insurance platform. 3 October 2017
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