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Insurance
Specialty insurer Markel said in its third-quarter 2017 results report that after the end of the reported period northern California sustained losses from several wildfires, which the company estimates to result in net incurred losses of between $40 million and $80 million before income taxes. 27 October 2017
Insurance
Miami-based personal lines insurer Windhaven Insurance said July 11 that it sealed a multi-year $1.1 billion premium capacity quota share transaction with Greenlight Re. 12 July 2017
Insurance
Tokio Marine Holdings enjoyed an increase in revenues but its net profits fell in the first quarter of its financial year ending June 30, 2017, as it offered a positive outlook on the health of the main economies it operates in. 8 August 2017
Alternative Risk Transfer
The rising popularity of cat bonds is beginning to concern some in the wider reinsurance market. Intelligent Insurer finds out why. 1 September 2012
Insurance
Century Underwriting, a specialist commercial managing general agent (MGA), has expanded its product offering to include liability and environmental impairment liability. 15 February 2017
article
Specialty managing general agent (MGA) Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies via an asset purchase. 10 September 2018
Insurance
Bermuda-based holding company Hamilton Insurance Group has appointed Gemma Carreiro as group general counsel and corporate secretary. 31 August 2017
Insurance
Bermuda-based holding company Fidelis Insurance has hired Ian Burford to join its London underwriting team as chairman of specialised risks. 30 August 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, will begin underwriting fine art and specie in the Netherlands with the appointment of Paul Seip as senior underwriter. 3 August 2017
Insurance
John Neal, the former boss of Australia-based insurer QBE Insurance Group who lost his job last year following a shock profit warning, is likely to be appointed as the new chief executive of Lloyd’s of London, according to a Sept. 7 Financial Times report citing “people familiar with the matter”. 7 September 2018
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