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Insurance
General insurer Insurance Australia Group (IAG) has said that it has increased its loss reserves in relation to the 2010 and 2011 Canterbury earthquakes by NZ$950 million ($713.6 million). 19 February 2015
Insurance
Tokio Marine Kiln’s three Lloyd’s syndicates have all reported profits for the 2012 year of account, with two forecast to deliver profits for 2013 and 2014. 19 February 2015
Insurance
Marine insurer Skuld has appointed Simon Neale as class underwriter for offshore energy. 18 February 2015
Insurance
The Lloyd’s Market Association (LMA) has appointed Paul Jeffrey to lead its work towards overhauling the market’s processes for delegated authority underwriting. 17 February 2015
News
The reinsurance subsidiary of Tokio Marine, Tokio Millennium Re, posted solid results for the first nine months of 2014 despite a fall in profits. 13 February 2015
Insurance
Jardine Lloyd Thompson (JLT) has sold its stake in Milestone, the holding company of its French associate Siaci St Honoré, to private investment company Ardian. 13 February 2015
News
Re/insurer Lancashire’s gross written premiums increased by 33.5 percent to $907.6 million in 2014, compared with $679.7 million in 2013, primarily derived from the new Lloyd’s segment following the acquisition of Cathedral in the fourth quarter of 2013. 12 February 2015
News
Broker Willis has reported strong organic growth for the year ended December 31, 2014, although its profits fell slightly. 11 February 2015
News
Tokio Solution Management, a subsidiary of Tokio Millennium Re, has made two appointments to its team. 11 February 2015
Insurance
XL Group has launched a new marine insurance solution at a forum attended by the former UK Prime Minister Tony Blair. 11 February 2015
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