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Insurance
Insurance brokerage Arthur J Gallagher has acquired Construction Risk Solutions (CRS) in Hunt Valley, Maryland, and Chicago-based consulting firm Gruppo Marcucci (GPM). 11 January 2017
Insurance
The largest ever start-up re/insurer dedicated to run-off has been formed on Bermuda with more than $500 million in capital in an indication of the growing importance and anticipated growth of the legacy market globally. 10 January 2017
Insurance
Atlanta-based Crawford & Company, a provider of claims management solutions, has appointed Andrew Robinson as its global chief operating officer. 10 January 2017
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has launched an underwriting cell of Vecta Risk Partners to target accident & health (A&H), travel and lifestyle insurance business across the UK and European economic area (EEA). 9 January 2017
Insurance
Credit and financial risk re/insurer CBL Corporation has completed its NZ$150 million ($104.4 million) strategic acquisition of Securities and Financial Solutions (SFS) and its claims management operation IMS Expert Europe (IMS). 9 January 2017
Insurance
Specialty re/insurer Brit has renewed and expanded the collateralised reinsurance capacity provided by the Bermuda domiciled special purpose insurer Versutus, to support its property treaty portfolio for 2017. 9 January 2017
Insurance
Law firm Crowell & Moring has appointed Laura Foggan as a partner for its re/insurance group. 9 January 2017
News
The new Russian National Reinsurance Company has increased pressure on Western markets already challenged by the international sanctions regime with international reinsurers already losing a significant amount of business as a result. 9 January 2017
Insurance
Two specialist Lloyd’s underwriters, ICAT Syndicate 4242 and Neon, have completed an agreement that will see them offer additional per risk capacity to the Bermuda Property Direct and Facultative (D&F) market. 6 January 2017
Insurance
Specialist re/insurance broker Besso Insurance has confirmed that it will be sold to BGC Partners, a global brokerage company which until now has operated in the financial and real estate markets. 5 January 2017
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