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Insurance
Novae hires property binder unit head from Chaucer
Specialist listed Lloyd’s insurer Novae Group has appointed William Alderton as unit head of its newly formed international property binder unit.   1 August 2014
Insurance
ERS delivers first profit in five years
Lloyd’s insurer ERS, formerly Equity Red Star, has made a half year profit for the first time in five years.   1 August 2014
Insurance
Markel plans Dubai expansion
Specialist insurer Markel International has applied to the Dubai Financial Services Authority (DFSA) to establish a company to operate within the Dubai International Financial Centre (DIFC).   30 July 2014
Insurance
Lloyd’s Market disappointed with CMA motor reform
Lloyd’s Market Association (LMA) has labelled proposals by the Competition and Markets Authority (CMA) to reform the private motor insurance market as disappointing.   30 July 2014
News
Margins flat but JLT Towers Re makes strong start
JLT Towers Re has made promising progress since its inception when the reinsurance unit of Jardine Lloyd Thompson (JLT) was combined with Towers Watson Re, JLT has said in its results for the first six months of 2014.   30 July 2014
News
Montpelier Q2 profits slip; CEO remains bullish
Bermuda-based Montpelier Re posted operating profits of $36 million for the second quarter of 2014, down from $49.6 million in the same period of 2013.   29 July 2014
Insurance
SART Underwriting strengthens team
SART Underwriting, a Lloyd's coverholder based in Hong Kong, has appointed Jude Yeung as marine underwriting manager and Larry Kwok as chief operating and compliance officer.   29 July 2014
Insurance
JLT posts strong results; remains cautious
Re/insurance broker Jardine Lloyd Thompson has posted a strong set of results for the first six months of 2014, but remains cautious on the outlook of the rest of the year.   29 July 2014
Insurance
RFIB hires marine director
Lloyd’s re/insurance broker RFIB Group has appointed Malcolm Gray as a divisional director of its marine international division.   28 July 2014
Insurance
Lloyd’s will absorb flight MH-17 losses
The majority of the loss stemming from the crash of Malaysia Airlines flight MH-17 will be absorbed by the Lloyd’s market as well as some global re/insurers, according to AM Best.   25 July 2014

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