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Reinsurance
NA nat cat events to cost SCOR €430m
SCOR said on Oct. 9 that Hurricanes Harvey, Irma and Maria, as well as the Mexico earthquakes, will cost the company €430 million net of retrocession and tax for the third quarter of 2017.   9 October 2017
Insurance
Ascent appoints former Arch Europe CEO as non-exec chair
Managing general agent (MGA) Ascent Underwriting has appointed James Weatherstone as non-executive chairman.   22 March 2018
Insurance
Navigators enters Spain with key hire from WR Berkley
Navigators International, an underwriting segment of Navigators Group, has opened a new office in Madrid, Spain and appointed Carlos Peña Kaiser as country manager.   4 December 2017
Insurance
XL Catlin poaches Beazley exec for international financial lines
Re/insurer XL Catlin has appointed Yera Patel to the position of global practice leader for international financial lines claims.   4 December 2017
Insurance
Thomas Miller appoints new chief executive of P&I subsidiary
Thomas Miller P&I (protection and indemnity), a wholly owned subsidiary of Thomas Miller Holdings, has made a series of senior management changes including a new chief executive.   21 March 2018
Insurance
Assurant reorganises leadership as CRO retires
New York-headquartered Assurant is adding three members to its management committee to “accelerate decision-making across all of the company’s most critical businesses and to support its global growth strategy,” according to a corporate statement.   13 November 2018
Insurance
NZ earthquake commission raises cap limit
The New Zealand government is set to increase the cap limit on residential building earthquake cover (EQC) to $150,000 from previously $100,000.   20 March 2018
Insurance
Hurricane Irma could cause industry loss above $100bn
Investors fear that a major hurricane hitting Miami area could lead to around $100 billion or higher industry losses, analysts wrote in a Sept. 6 Morgan Stanley research note.   7 September 2017
Insurance
Markel to buy UK specialist insurer ECIC
Markel International is set to acquire UK-based specialist insurer for the contracting sector EC Insurance (ECIC).   7 September 2017
Insurance
Aspen warns of $245m underwriting loss in Q4
Bermuda-based Aspen expects to record an underwriting loss of approximately $245 million in the fourth quarter of 2017, according to a Jan. 25 press release.   26 January 2018

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