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Insurance
Global insurance broking and risk management firm Marsh has appointed Maureen Robertson as head of its Glasgow office, and Martin McKenna as regional sales leader, Scotland. 5 October 2017
Insurance
Zurich Insurance Group said that Farmers Re faced a hit of no more than $20 million in the second half from catastrophes such as Hurricanes Irma and Harvey. 4 October 2017
Insurance
Willis Towers Watson has launched a new hub to focus on facultative reinsurance business across the DACH region of Germany, Austria, and Switzerland. 4 October 2017
Insurance
Reinsurance broker Guy Carpenter & Company has appointed Claude Yoder as managing director and global chief innovation and product development officer. 4 October 2017
Insurance
UK insurtech firm PremFina said on Oct. 4 that it raised $36 million in equity funding and a debt facility. 4 October 2017
Insurance
Insured catastrophe losses in the third quarter of 2017 could exceed $100 billion and become the costliest in history, according to an Oct. 3 Morgan Stanley research note. 4 October 2017
Insurance
Bernstein analysts expect US nat cat prices to increase by an average of 10 percent and US commercial property to go up by on average 5 percent as a result of insured losses caused by Hurricane Irma, Harvey and Maria. 4 October 2017
Insurance
Specialty property/casualty insurer AmTrust Financial Services said on Oct. 3 that it expects net losses for the third quarter of 2017 from natural catastrophes of between $40 million and $65 million. 4 October 2017
Insurance
Re/insurer XL Catlin has expanded its marine team with the addition of Stephen Clark as vice president, national hull and liabilities practice leader in Chicago, and Alison Rizzi as senior ocean marine underwriter in New York. 4 October 2017
Insurance
Property/casualty insurer American Financial Group (AFG) said on Oct. 3 that it expects losses from natural catastrophes of approximately $105 million pretax and net of AFG’s reinsurance coverage for the third quarter. 4 October 2017
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