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Insurance
2016 major natural catastrophe losses highest since 2012
Insured loss estimates from major natural catastrophes in 2016 reached $39.5 billion, the highest since the annual market losses of $60 billion in 2012, according to Willis Re’s 2016 Summary of Natural Catastrophe Events report.   10 February 2017
Insurance
QuanTemplate poaches Lloyd’s exec for account engineer role
QuanTemplate Technologies, a financial technology company formed by former reinsurance executives, has appointed Lauren Restell as account engineer.   23 February 2016
Insurance
Catastrophe declared for severe tropical Cyclone Debbie in Australia
The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by Category 4 severe tropical Cyclone Debbie, which made landfall today (March 28) in Queensland, Australia.   28 March 2017
Insurance
AXIS Insurance hires former Marsh exec as senior vice president
AXIS Insurance, a subsidiary of AXIS Capital, has appointed Tracy Harrington Cloud as senior vice president, international distribution and broker management.   21 October 2016
Insurance
Pen Underwriting names head of cyber liability
Pen Underwriting has appointed Adrian Scott as head of cyber liability. He joins from Ridge Global, a cybersecurity firm where he was executive vice president and chief underwriting officer.   21 July 2016
Insurance
Aviva sells stakes worth €475m from Spanish insurance businesses
UK insurer Aviva has announced the sale of its 50 percent shareholdings in life insurance and pension joint ventures Unicorp Vida and Caja España Vid, as well as its retail life insurance business Aviva Vida y Pensiones, to Santalucía. The total consideration of the transaction is €475 million.   10 May 2017
Insurance
US E&S business drives growth at Novae but it warns on poor full year combined ratio
Novae Group enjoyed substantial growth driven largely by US excess and surplus lines in the first quarter of 2017 despite exiting a number of casualty lines of business where it has deemed rates unsustainable. But it also warned that these would still hit its profitability this year.   10 May 2017
article
Rates, cats and data are critical talking points
Rates, catastrophe risks and the quality of data will be the three biggest talking points at FIDES 2013, according to Mike Hughes, chief executive of Aon Benfield Latin America.   12 November 2013
Insurance
Chaucer Syndicates hires Catlin exec as CFO
Lloyd’s insurer Chaucer has appointed Robert Callan as chief financial officer (CFO) of Chaucer Syndicates.   4 December 2015
Insurance
UK insurtech start-up raises £180m
UK-based insurance start-up Gryphon Group Holdings has raised £180 million of investment capital from investors Leadenhall Capital Partners and Punter Southall Group.   20 June 2017

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