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Underwriting profits to rise in 2018
Insurance
Underwriting profits globally are likely to improve in 2018, assuming average natural catastrophe losses, as rates reacted after US and Latin America natural catastrophe losses, Swiss Re chief economist Jerome Haegeli said in the BestWeek Asia-Pacific edition.   17 July 2018
Charles Taylor Managing Agency swoops for Capita CEO
Insurance
Charles Taylor Managing Agency (CTMA) has appointed Colin Grint as chief executive officer. He will join CTMA later in 2018 from Capita Managing Agency.   17 July 2018
Advent syndicate gets downgraded due to Brit transfer deal
Insurance
Syndicate Research (SRL) has downgraded the B-^ (Below Average), stable outlook, Continuity Opinion of Lloyd's syndicate 780 (Advent Underwriting) to C+^ (Below Average).   17 July 2018
Insurance
Property/casualty insurer Chubb has appointed Megan Watt as executive vice president, head of North America claims.   17 July 2018
Insurance
Bermuda-based Third Point Reinsurance has hired David Drury and Steven Wilson as senior vice president of underwriting from Chubb and Munich Re America.   17 July 2018
Insurance
Broker Arthur J Gallagher has acquired North Barrington, Illinois-based The Jack Nebel Companies, a wholesale commercial insurance broker and managing general agency (MGA).   17 July 2018
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.68 billion, according to Zurich-based catastrophe insurance data provider PERILS.   17 July 2018
Insurance
Broker Willis Towers Watson has appointed Mary Botkin as health care industry lead in its corporate risk and broking (CRB) segment.   17 July 2018
Insurance
SubroSmart, a subrogation management firm, has announced the launch of its London operations that will be led by George Gager and Chris Lally.   17 July 2018
Insurance
Following a review of recent years' asbestos-related claims and litigation activity and insurers' paid and incurred loss experience, Fitch has raised projection for ultimate all-time US industry incurred losses to $100 billion compared with a previous estimate of $90 billion.   16 July 2018

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