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The significant third quarter 2017 catastrophe losses will push the global reinsurance sector to an underwriting loss for the year, according to Fitch Ratings. 8 December 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, intends to redomicile its insurance company from the UK to Luxembourg. 8 December 2017
Insurance
Thomas Deane has joined insurance-focused advisory and investment firm Stonybrook Capital from JLT Capital Markets. 8 December 2017
Insurance
Validus expects the net impact from the October 2017 California Wildfires to be $30.0 million. 8 December 2017
Insurance
About 200,000 residents have been evacuated in Southern California as multiple wildfires have burned homes. 8 December 2017
Insurance
A gap of $20 billion between company losses and estimates of total insured losses suggests that some company estimates will rise in 2018, fuelling reinsurance price rises, according to Jefferies analysts. 7 December 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Tim Overton to the newly-created role of head of pricing. 7 December 2017
Insurance
Specialist Lloyd's insurance group Chaucer has gained authorisation to set up an operation in the Dubai International Financial Centre (DIFC). 6 December 2017
Insurance
Swiss Re is acquiring 1.1 million life insurance policies from UK financial service provider Legal & General Group for £650 million. 6 December 2017
Insurance
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. 6 December 2017
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