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UK government-backed terrorism reinsurer Pool Re has placed its first catastrophe bond covering physical damage caused by chemical, biological, radiological and nuclear attacks, and losses caused by a cyber trigger. 26 February 2019
Insurance
JLT Group enjoyed strong growth and a much-improved underlying profit in 2018, which is likely to be its final year as a standalone company as its takeover by Marsh & McLennan Companies looms. 26 February 2019
News
DXC Technology, the London insurance market service provider, has appointed David Gittings as non-executive director (NED) of its Ins-sure Services (XIS) at a crucial time for the London insurance market. 26 February 2019
Insurance
FedNat Holding Company is to acquire Maison Insurance Company and other homeowners insurance entities from 1347 Property Insurance Holdings (1347 PIH) in a $51 million deal. 26 February 2019
Insurance
RSA Insurance Group has appointed Charlotte Jones as new chief financial officer, replacing Scott Egan who moved to become CEO of the company's UK & International division earlier this month. 26 February 2019
Insurance
Commercial insurance prices increased by 2 percent in Q4 2018, the steepest increase since Marsh began its Global Insurance Market Index in 2012, and the fifth consecutive quarter of average increases. 26 February 2019
Insurance
The board of the Argo Group has described a letter by Voce Capital Management, a shareholder in the company, which heavily criticises Argo’s performance and leadership, as misleading, inaccurate and a “personal attack” on its chief executive Mark Watson III. 26 February 2019
News
Re/insurer Hiscox CEO Bronek Masojada praised the company’s “strong growth” in its 2018 results as he said the “tough action” taken in its London Market business was paying off. 25 February 2019
Insurance
Re/insurance broker Aon has expanded the scale of a restructuring plan first announced in 2017. 22 February 2019
Insurance
Aspen has granted a $10 million bonus to its former chief executive officer Christopher O’Kane and $1 million to group chief financial officer Scott Kirk for assisting the Bermuda-based re/insurer with its $2.6 billion merger deal. 20 February 2019
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