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Insurance
The Hartford sells Talcott for $3bn
The Hartford has entered into a definitive agreement to sell its run-off life and annuity businesses Talcott Resolution to a group of investors for a total value of around $3 billion.   4 December 2017
Insurance
Navigators enters Spain with key hire from WR Berkley
Navigators International, an underwriting segment of Navigators Group, has opened a new office in Madrid, Spain and appointed Carlos Peña Kaiser as country manager.   4 December 2017
Insurance
XL Catlin poaches Beazley exec for international financial lines
Re/insurer XL Catlin has appointed Yera Patel to the position of global practice leader for international financial lines claims.   4 December 2017
Insurance
Lloyd’s syndicate 4242 active underwriter departs
Megan McConnell, an active underwriter of Paraline’s Lloyd’s syndicate 4242, is set to depart to pursue a new opportunity in the London market, according to a Dec. 4 statement by Lloyd's third-party managing agent Asta.   4 December 2017
Insurance
Tryg acquires Alka Forsikring for $1.3bn
Danish non-life insurer Tryg has agreed to acquire Danish property/casualty insurer Alka Forsikring for a total consideration of DKK 8.2 billion ($1.3 billion).   4 December 2017
Insurance
Carlou steps down as CEO of Patria Re
Ingrid Carlou, the CEO of Patria Re, has left the reinsurer with immediate effect, Intelligent Insurer can reveal.   4 December 2017
Insurance
Marsh reveals plans to merge Jelf and Bluefin business
Global insurance broking and risk management firm Marsh is combining its combined Jelf and Bluefin business in the UK from early 2018, and rebranding it as Jelf.   29 November 2017
Insurance
Ascot Re launches with $1bn funding and former Third Point Re CEO
Bermuda-based Ascot Group has launched its reinsurance division, Ascot Re, following approval from the Bermuda Monetary Authority (BMA).   27 November 2017
Insurance
AXA appoints new chairman of the board
AXA UK has appointed Scott Wheway as chairman, succeeding Ian Brimecome, who is retiring from the post after five years and over 10 years as a non-executive director.   27 November 2017
Insurance
Sirius to acquire control of Israeli insurer Phoenix
Bermuda-based Sirius International Insurance Group has decided to buy Israeli conglomerate Delek Group's remaining 47.35 percent holdings in insurer Phoenix for a cash sum of NIS 2.3 billion ($656 million).   27 November 2017

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