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White Mountains CEO bemoans 'tough fourth quarter' as profits dip
Insurance
Bermuda-based White Mountains Insurance Group reported a "tough fourth quarter" with $141 million comprehensive loss attributable to common shareholders across its portfolio of businesses. This compares with a profit of $23 million for the same period in 2017.   7 February 2019
Alternative Risk Transfer
The US Federal Emergency Management Agency (FEMA) plans to secure additional reinsurance cover for the National Flood Insurance Program (NFIP) by engaging the capital markets for the first time through an insurance-linked securities (ILS) transaction on or about July 1, 2018.   4 April 2018
Insurance
Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty.   6 September 2017
Insurance
American International Group (AIG) enjoyed a return to solid profits in its first quarter results as its CEO highlighted the company was enjoying the fruits of actions it has taken to execute to strengthen its balance sheet and improve earnings quality.   4 May 2017
Insurance
Australian insurer IAG's non-executive director Alison Deans is set to retire from the company’s board following the annual general meeting on 20 October 2017.   5 September 2017
Insurance
Increase in fully diluted book value per share of 4.4 percent for the year   7 November 2019
Insurance
Re/insurer QBE Australia and New Zealand has appointed Craig Mauger to the position of regional manager, Northern Region Broker Distribution.   29 November 2017
Insurance
Russell Kilpatrick, the former director and founding executive chairman of Dual Corporate Risks, has invested in insurtech startup Equipsme.   26 March 2018
Insurance
Ryan Specialty Group-owned SafeWaters Underwriting Managers has expanded its marine offering, backed by Aspen Insurance, to include cargo, hull & machinery, and marine liabilities coverages in the US and Latin American markets.   14 February 2018
Insurance
IAT Insurance Group is acquiring the renewal rights and certain associated assets for a book of surplus lines excess and umbrella insurance business from Rockhill Insurance Group, a subsidiary of State Auto Mutual Insurance Company.   26 March 2018

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