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Insurance
US P&C sector operating return up 8% in H1
US property/casualty (P&C) re/insurers have improved operating returns by 8.0 percent year on year in the first half of 2018 after an increase of 6.8 percent in the same period of 2017, according to Fitch Ratings.   31 August 2018
Insurance
Markel hires political risk underwriter from Sompo Canopius
Specialist insurer Markel International has appointed Alex Holcroft as political risk underwriter in Singapore.   7 August 2017
Insurance
XL Catlin partners with insurtech Praedicat for emerging casualty risks
XL Catlin has enlisted California-based insurtech analytics company Praedicat to help address changing liability insurance needs using its emerging risk models and software for casualty insurance.   9 April 2018
Insurance
Cost cuts stabilise profitability of Dutch life insurers, non-life improvements expected
Cost cuts have offset low interest rates and declining premium volumes on legacy portfolios, stabilizing profitability of Dutch life insurers, according to Fitch Ratings.   6 July 2017
Insurance
Aviva sells Italian joint venture for €265m
UK insurer Aviva said on Sept. 29 that it has agreed to sell its entire shareholding in its joint venture in Italy, Avipop Assicurazioni, which includes its wholly owned subsidiary Avipop Vita, to Banco BPM for a cash consideration of €265 million.   2 October 2017
Insurance
RPC appoints new head of insurance
Law firm RPC has named Simon Laird as head of insurance. He succeeds James Miller in the role, who was recently elected as the new managing partner.   14 February 2017
Insurance
Arch Capital reports 2016 premium growth but only slight profit rise
Bermuda-based Arch Capital has announced that its full year 2016 results saw a slight rise in profits of just two percent from its 2015 results, despite significant premium growth.   14 February 2017
Insurance
Intermediaries need to enable insurers to leverage customer data
Intermediaries such as brokers or managing general agents (MGAs) need to lift their game for insurers to better understand their clients’ needs and improve their products and services based on this, said Lakshan De Silva, chief technology officer at technology firm Intellect SEEC.   19 November 2018
Insurance
Beazley adds non-executive director to board
Specialist insurer Beazley has appointed David Roberts to its board as a non-executive director.   25 October 2017
Insurance
US direct cyber market grows 32%
The US cyber market grew significantly in 2017 with direct premiums written by US property/casualty (P&C) insurers (excluding non-US and alien surplus lines insurers) rising nearly 32 percent year over year to $1.8 billion, according to AM Best.   21 May 2018

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