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Insurance
Prudential 2017 profit up 24% YOY ahead of demerger
UK-based savings and protection products provider Prudential has grown after tax profits by 24 percent year on year ahead of the demerger of its global business.   14 March 2018
Insurance
Markel taps Guy Carpenter exec for new ceded reinsurance head role
Specialty insurer Markel Corporation has appointed Julia Chu to the newly-created position of chief global ceded reinsurance officer.   14 March 2018
Insurance
Arch takes part in Freddie Mac pilot scheme
Bermuda-based re/insurer Arch Capital Group is taking part in a new mortgage credit risk transfer pilot programme with Federal Home Loan Mortgage Corporation Freddie Mac.   14 March 2018
Insurance
Argo acquires Italy’s Ariscom in European expansion
Bermuda-based specialty re/insurer Argo Group International Holdings has acquired Italian specialty insurer Ariscom to expand its presence across Europe.   13 March 2018
Insurance
Insurers use M&A for market repositioning
There is a shift in the character of insurer merger and acquisition (M&A) towards a tactical repositioning in the market, according to a new report by investment management firm Conning.   13 March 2018
Insurance
AFL sets up marine division under former Ed head broker
Independent Lloyd’s broker AFL Insurance Brokers has launched a commercial marine division to be headed by Alex Mott, senior executive who previously managed the Ed/CGNB marine broking team as head broker.   13 March 2018
Insurance
Economic expansion to fuel marine insurance
Positive prospects for the global economy in 2018 are going to boost the marine insurance business, according to International Union of Marine Insurance (IUMI) president Dieter Berg.   13 March 2018
Insurance
Ryan Specialty partners with National Cargo Bureau
Ryan Specialty Group's (RSG) independent marine insurance consultancy and claims adjusting company Smooth Waters has entered into an engineering service agreement National Cargo Bureau (NCB).   13 March 2018
Insurance
Clyde & Co launches medical malpractice offering in Spain
Law firm Clyde & Co is launching a medical malpractice offering in Spain with the hiring of Isabel Burón as partner and four other executives in its Madrid office and healthcare group.   13 March 2018
Insurance
AIG sells $502.5m in Arch shares
AIG is selling 5,674,200 shares in Arch Capital Group with a total value of $502.5 million.   13 March 2018

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