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Insurance
Nat cat costs push RenaissanceRe into a loss in Q3
Bermuda-based re/insurer RenaissanceRe reported a net loss of $504.8 million for the third quarter of 2017 as the company had to absorb significant natural catatastrophe losses from hurricanes and earthquakes.   1 November 2017
Insurance
THB strengthens board with two non-exec appointments
Specialist re/insurer THB has appointed Lorraine Adlam as non-executive chairwoman and Malcolm Beane as independent non-executive director.   20 October 2016
Insurance
Dale Underwriting hires Sirius exec into COO role
Dale Underwriting Partners Syndicate 1729 at Lloyd's has appointed Mark Channell as its chief operations officer.   6 March 2017
Insurance
Blue Capital combined ratio jumps to 455.7% in Q3
Bermuda-based Blue Capital Reinsurance Holdings reported a combined ratio of 455.7 percent for the third quarter of 2017, a significant deterioration compared to the 63.5 percent recorded in the same period a year ago.   31 October 2017
Insurance
XL outlook deteriorates due to nat cat losses
Fitch Ratings has reduced the outlook for Cayman Islands-based XL Group subsidiary XL (XLIT) and its property/casualty re/insurance subsidiaries to negative after “a meaningful deterioration in capitalization” following third-quarter nat cat losses.   30 October 2017
Insurance
UK motor terrorism claims to be mutualised
UK motor insurers have voted for MIB (Motor Insurers’ Bureau) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure.   23 July 2018
Insurance
Costs of environmental fines against companies jump
The average fine per prosecution brought by the UK government-sponsored Environment Agency (EA) against companies has increased six-fold in the last five years, according to research from global law firm Clyde & Co.   23 July 2018
Insurance
Generali disposes of Guatemala and Colombian units in optimisation push
Italian insurer Generali Group has completed the sale of its stake in Guatemala-based property/casualty insurance subsidiary Aseguradora General to the Neutze family, its "long-term trusted local partners".   20 July 2017
Insurance
Alternative capacity to target insurance risk
The abundance of alternative capacity that has entered the reinsurance industry in recent years will stay and may well prove of significant benefit to buyers.   12 June 2013
Insurance
The Hartford names Tooker head of middle market
The Hartford, a US-based property/casualty insurance firm, has appointed Morris Tooker as the head of its middle market segment that offers multiline commercial insurance coverages for midsize and larger businesses.   31 March 2017

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