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Fairfax appoints president

North America19-07-2013

Financial services company Fairfax Financial Holdings, the holding company that owns numerous insurers and reinsurers including OdysseyRe, has appointed Paul Rivett as president.

AIG appoints p/c chief for Latin America/Caribbean

Caribbean, Latin America18-07-2013Insurance News

Jim Dwane, a 20-year veteran of American International Group (AIG), has been appointed CEO and president of the company’s property casualty business in Latin America and the Caribbean.

SIIA ramps up lobbying as TRIA vote pends

North America18-07-2013Insurance News, Reinsurance News

The Self-Insurance Institute of America (SIIA) has ramped up its lobbying efforts in favour of reauthorisation of the Terrorism Risk Insurance Act (TRIA) as a congressional vote looms.

Beazley opens office in Miami

Latin America, North America17-07-2013Insurance News, Reinsurance News

Beazley has opened its first office in Miami and tenth in the US. The new office will focus on the development of reinsurance business from Latin America.

Better flood controls needed: Munich Re

Europe17-07-2013Reinsurance News

As flood losses dominate natural catastrophe statistics for the first half-year 2013, the world’s biggest reinsurer has called on politicians to invest in better prevention measures in flood-prone areas and to plan better for such events.

Gallagher hires Wade after JLT split

17-07-2013Insurance News

Arthur J. Gallagher International has hired Vyvienne Wade, who suddenly left JLT recently, after more than 25 years as international commercial director.

Third Point IPO proves reinsurance health

North America17-07-2013Reinsurance News

The proposed initial public offering (IPO) filed by Third Point Reinsurance proves that investor interest in the reinsurance sector is alive and well – although the success and pricing of the eventual offering will indicate exactly how much this is the case.

Not the usual suspects: Awards shortlists revealed

Asia Pacific, Europe, Latin America, MENA, North America17-07-2013

After almost four months of online polls and phone interviews by our in-house research team, the shortlists in Intelligent Insurer’s annual Global Awards Survey are ready to be revealed.

Canopius expands its UK retail franchise

Europe16-07-2013Insurance News, Reinsurance News

Canopius Group, a leading specialist (re)insurance underwriting business, has acquired the 25 percent shareholding in Arista Insurance owned by Equity Insurance Group.

Third Point Re files for IPO

North America16-07-2013Reinsurance News

Third Point Reinsurance, the reinsurance company started by hedge-fund specialist Dan Loeb, has filed a registration with the US Securities and Exchange Commission for an Initial Public Offering (IPO). The proposed maximum offering price is $250 million.

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