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Insurance
Chubb appoints COO of North America major accounts
Property/casualty insurer Chubb has appointed Matt Merna as chief operating officer (COO) of its North America major accounts division, which serves the risk management segment of large US and Canada-based companies.   21 April 2017
News
Indian reinsurer GIC Re opens office at India's global financial hub
The General Insurance Corporation of India (GIC Re) has opened an office at International Financial Services Centre (IFSC) office in the country's western state of Gujarat.   21 April 2017
Insurance
Nirvana launches on MGA Castel Underwriting Agencies platform
Nirvana Risk Partners has launched as an underwriting cell on the Castel Underwriting Agencies MGA (managing general agent) formation platform to target media, technology and cyber liability risks.   21 April 2017
Insurance
Abundant capital in US P&C favours buyers, according to broker Lockton
Despite low interest rates, ample capital from long-term underwriters and growth in new and expanding entrants are keeping property/casualty insurance terms and conditions in the US at very competitive levels, according to a market update by broker Lockton.   21 April 2017
Insurance
Allied World adds drones services to risk management offerings
Swizerland-based property and casualty re/insurer Allied World Assurance Company Holdings has included drones services to expand its risk management offerings.   21 April 2017
Insurance
Underlying results of reinsurers bleaker than reported
While the results as reported by reinsurers show a declining trend, the underlying results, taking into account average cat losses, show how tight profitability in the sector really is, according to the most recent Reinsurance Market Report by Willis Re.   21 April 2017
Insurance
Markel poaches senior marine exec from Munich Re Syndicate
Specialist insurer Markel International has appointed Colin Fordham as a senior marine liability underwriter based in Singapore.   18 April 2017
Insurance
Miller hires exec to expand North American MGA business
Re/insurance broker Miller has hired Richard Boughton in a business production and broking role to further strengthen and grow its North American MGA business.   11 April 2017
Insurance
Pool Re reacts to ‘major’ threat of nuclear and radiological attacks
Chemical, biological, radiological and nuclear (CBRN) attacks represent a huge threat to large populated cities and the material is readily available to terrorists, according to Pool Re. Speaking ahead of a joint conference in London, Pool Re and the Washington-based non-profit organisation Nuclear Threat Initiative (NTI) explain to Intelligent Insurer why they are now focusing on this particular risk.   6 April 2017
Insurance
QBE enters marine partnership with Proteus
Re/insurer QBE, marine underwriting agency Proteus, and Australian broking group Steadfast have entered a strategic partnership in the marine insurance segment.   5 April 2017

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