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Insurance
Carsten Thienel joins JLT Re in Asia Pacific with over 30 years of industry experience. 5 September 2017
News
Brazil’s major reinsurer IRB Brasil Resseguros has filed for an initial public offering in the São Paulo Stock Exchange. 10 July 2017
Insurance
Specialty insurer Tokio Marine has appointed Keith Miller as professional indemnity (PI), development underwriter within its Manchester office to further build its North West region footprint. 10 July 2017
Insurance
A planned corporate tax reduction and a tax on imports in the US would benefit local entities but impact companies based outside the country such as in Bermuda, leading to changes in companies’ operating structures, according to AM Best. 20 February 2017
Insurance
Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings. 21 September 2018
Insurance
Two bond insurance subsidiaries of Assured Guaranty have filed an adversary complaint challenging the constitutionality of appointments to the Financial Oversight and Management Board for Puerto Rico (Oversight Board). 24 July 2018
Insurance
Re/insurer XL Catlin has expanded its marine team with the addition of Stephen Clark as vice president, national hull and liabilities practice leader in Chicago, and Alison Rizzi as senior ocean marine underwriter in New York. 4 October 2017
Insurance
The Dublin-based subsidiary of Chaucer, an insurance group underwriting at Lloyd's, is to establish a branch in London to write a range of international specialty insurance and reinsurance business. 5 September 2017
Insurance
The Federal Emergency Management Agency (FEMA) warned over the consequences if the US congress fails to reauthorise the National Flood Insurance Program (NFIP) that will expire on July 31, 2018. 23 July 2018
Insurance
Liberty Specialty Markets (LSM) will form a $27 billion consortium with the Channel Syndicate and Canopius to provide capacity for its new trade finance insurance initiative Toredo. 6 March 2018
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