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Insurance
Insured losses from latest Mexico quake could reach $2bn
The first estimates have been released of the anticipated industry insured losses from the M7.1 earthquake that struck central Mexico on September 19.   25 September 2017
Insurance
LSM appoints head of new treaty reinsurance unit in LatAm
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted José Ernesto Ospina, formerly LSM’s general manager for Colombia, to the newly-created role of LatAm reinsurance regional manager.   25 September 2017
Insurance
UK life insurers optimistic but brokers struggle to grow
UK life insurers are feeling more optimistic than they did three months ago, reporting strong volumes of business in the three months to September, according to the latest CBI/PwC financial services survey.   25 September 2017
Insurance
Insurers must embrace social media to woo Generation Y
The way in which insurance companies operate is the polar opposite of Generation Y (millennials), a generation synonymous with technology and social media.   22 September 2017
Insurance
AIA expands in Australasia with $3bn cash acquisition
Pan-Asian life insurance group AIA said on Sept. 21 that it reached an agreement with the Commonwealth Bank of Australia to acquire CommInsure Life and Sovereign, CBA’s life insurance business in Australia and life and health insurance businesses in New Zealand.   21 September 2017
Insurance
M7.1 Mexico earthquake causes major destruction
The magnitude 7.1 earthquake that struck near Mexico City on Sept. 19 afternoon has caused major damage, according to a Sept. 20 AM Best report.   21 September 2017
Insurance
RMS partners with Microsoft in insurance risk management solutions
Risk modelling and data analytics firm RMS said on Sept. 20 that it partnered with cloud computing platform Microsoft Azure to help insurance companies to overcome limitations to their business agility.   20 September 2017
Insurance
Hiscox appoints group finance director
Bermuda-based specialist insurer Hiscox appointed Tom Shewry to the role of director of group finance.   20 September 2017
Insurance
Insurtech Concirrus launches AI-powered marine platform
London-based insurtech company Concirrus launched an AI-powered marine insurance analytics platform called Quest.   20 September 2017
News
Africa Re South Africa MD resigns, Ghana Re MD replaced
Africa Reinsurance Corporation (Africa Re) said on Sept. 19 that Daryl De Vos, managing director of Africa Re South Africa (ARCSA) has resigned.   20 September 2017

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