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Insurance
European run-off insurance company DARAG has appointed Tullio Ferrucci as CEO of DARAG Italia. 13 October 2017
Insurance
Bermuda-based Arch Capital Group said on Oct. 12 that it expects after-tax costs of $285 million to $345 million from natural catastrophes occurred in the third quarter of 2017. 13 October 2017
Insurance
Australian insurer Suncorp has appointed Gary Dransfield as the new CEO of insurance, replacing Anthony Day who has decided to leave the company after serving for almost 10 years. 12 October 2017
Insurance
US insurer AmTrust is required to make a mandatory offer for 2016 to acquire all the capacity it doesn’t already own in Syndicate 2526. 15 October 2014
Insurance
Bermuda-based XL Group said on Oct. 11 that it expects net losses of approximately $1.33 billion relating to Hurricanes Harvey, Irma and Maria, with total catastrophe losses including smaller loss events at approximately $1.48 billion in the third quarter. 12 October 2017
Insurance
Hartford Financial Services Group is acquiring The Navigators Group for $2.1 billion in a move that will see the US insurer expand its offerings and underwriting risk appetite. 22 August 2018
Insurance
A reduction in UK motor insurance premiums is underway as insurers anticipate reforms to curb whiplash claims and reduce lump-sum payments for long-term care costs and lost earnings, according to Fitch Ratings. 18 April 2018
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event by $350 million to $3.00 billion as part of Universal Insurance Holdings’ 2018-2019 reinsurance programmes, effective June 1, 2018. 31 May 2018
Insurance
Charles Taylor InsureTech has strengthened its leadership team with the appointment of Tom Crapper as practice director, delegated authority, and Laurence King as practice director, general insurance. 30 November 2017
Insurance
Swiss Re has signed a reinsurance agreement with Bansabadell Vida, the life joint venture of Zurich Insurance and Spanish banking group Banc Sabadell, to reinsure its individual life risk portfolio for an amount of €683.7 million, as a reinsurance commission. 25 July 2017
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