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Insurance
Sompo Canopius, the the global specialty re/insurer, is considering selling KGM, its UK motor 9 March 2016
Insurance
Everest Re Group is opening an Everest Insurance office in Houston as part of its strategic plan to strengthen its presence in the Southern region, and in particular, in the so-called energy corridor. 10 February 2016
Insurance
MATRIX, an insurance and reinsurance broker at Lloyd’s, has appointed Robert Easton as head of treaty – London office. 12 May 2016
Insurance
Financial services company Fairfax has agreed to buy re/insurer Brit for £1.22 billion. 17 February 2015
Insurance
Travelers has revealed that its net income for the second quarter of 2017 came to $595 million, a ten percent fall from the $664 million it made over same period of 2016. As a result the company reported that net income for the first half of 2017 came to $1.21 billion, an 11 percent fall on the $1.35 billion it made over the same period of 2016. 24 July 2017
Insurance
As it is more likely than not that the UK will leave the EU without any alternative arrangements in place, UK brokers are at risk of losing access to the EU market, according to specialist law firm Carter Perry Bailey. 7 June 2017
News
Hannover Life Reassurance Company of America, the US unit of Germany's Hannover Re, has appointed Clint Thompson to succeed chief financial officer (CFO) David Wheat, who is set to retire in June-end. 1 March 2017
Insurance
There is insufficient insurance demand in Asia because of a lack of trust between policyholders and insurers, Franz Josef Hahn, CEO of Peak Re, told EAIC Today. 13 October 2016
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
Insurance
Xceedance, a provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market. 25 October 2016
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