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Insurance
The US subsidiary of broker Jardine Lloyd Thompson Group (JLT) has appointed David Turner as vice president in New York. 10 January 2017
Insurance
Credit and financial risk re/insurer CBL Corporation has completed its NZ$150 million ($104.4 million) strategic acquisition of Securities and Financial Solutions (SFS) and its claims management operation IMS Expert Europe (IMS). 9 January 2017
Insurance
Specialty re/insurer Brit has renewed and expanded the collateralised reinsurance capacity provided by the Bermuda domiciled special purpose insurer Versutus, to support its property treaty portfolio for 2017. 9 January 2017
Insurance
The decline in reinsurance pricing moderated at the January 1, 2017 renewal across most classes of business and geographies, as compared to the past three renewal seasons, according to an annual renewals report by Guy Carpenter. 6 January 2017
Insurance
The Guernsey Financial Services Commission (GFSC) has published a new set of rules which clarify the regulatory treatment of collateralised reinsurance, including insurance-linked securities (ILS), and allow for a one-day approval process. 5 January 2017
Insurance
The Federal Emergency Management Agency (FEMA) has secured more than $1 billion of reinsurance coverage for the National Flood Insurance Program (NFIP) for 2017 in a deal involving some 25 reinsurers brokered by Guy Carpenter. 4 January 2017
Insurance
The US subsidiary of broker Jardine Lloyd Thompson Group (JLT) has appointed Paul Cohen as senior vice president to build its global fine art, jewellery and specie practice, based in Orange County, California. 4 January 2017
Insurance
JLT Re has acquired Florida-based Risk & Re-Insurance Solutions (RRiSC), a reinsurance intermediary specialising in casualty treaty business, in a deal that expands its treaty business in the Latin American region. 4 January 2017
Insurance
Ensuring that the perspectives of London insurers are represented in Brexit negotiations has been identified as a key priority by the International Underwriting Association (IUA). 3 January 2017
Insurance
Bermuda legacy specialist Enstar has acquired the subsidiary of an auto parts manufacturer in a deal that means it takes on the liabilities associated with personal injury asbestos claims and environmental claims associated with legacy manufacturing operations as well as assets held to fund obligations related to these liabilities. 3 January 2017
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