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Insurance
Lloyd’s has revised its net claims estimates for hurricanes Harvey and Irma downwards but it stressed that there remains a high degree of uncertainty around what the final bill might be. 24 October 2017
Insurance
Property/casualty insurer The Hartford has entered into a definitive agreement to acquire Aetna's US group life and disability business for a cash consideration of $1.45 billion. 24 October 2017
Insurance
Ironshore, a part of Liberty Mutual Company, has named Kristin McMahon as head of US claims. 24 October 2017
Insurance
US-based Ryan Specialty Group (RSG) has reached a definitive agreement to acquire Houston, Texas-based wholesale broker Oxford Insurance Services. 24 October 2017
Insurance
Insurdata, an insurtech firm which intelligently captures, enhances, scores and transfers high-resolution, peril-specific exposure and risk data, has raised over $1 million in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play. 24 October 2017
Insurance
Lloyd's broker HW Wood has appointed Steve Redgwell to the UK board and as head of UK retail, Elissa Davidson as head of professional lines and David Murphy as head of real estate. 24 October 2017
Insurance
Hiscox Re’s strategy of balancing its internationally traded, catastrophe exposed big ticket insurance and reinsurance lines with low volatility retail business is built exactly for times like this—when rates are likely to harden, according to Andrew Dolphin, chair of international business at Hiscox Re. 24 October 2017
Insurance
Munich Re is seeking opportunities to grow in North America after losses stemming from the large nat cat events in the third quarter improve pricing, Hermann Pohlchristoph, member of the board of management at Munich Re, told Baden-Baden Today. 24 October 2017
Insurance
Despite the many investments being made in innovation by re/insurers, few are focusing on the one thing that could gain them new business: a more sophisticated sales process, argues John Holm at Lloyd’s managing general agent Asta. 24 October 2017
Insurance
Pricing in Europe, the Middle East and Africa (EMEA) will be influenced by the heavy losses in the US stemming from hurricanes Harvey, Irma and Maria despite the fact that the capital bases of most large reinsurers are likely to be unaffected and competition in the region remains robust. 23 October 2017
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