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Insurance
Hyperion enjoys solid growth, seeks more acquisitions in 2017
Intermediary Hyperion Insurance Group enjoyed strong growth in its full year ending September 30, 2016 with revenues increasing by 45 percent to £434 million compared with £299 million in 2015.   11 January 2017
Insurance
PIB takes over Thistle Insurance UK business from JLT
London-based PIB Group has completed the acquisition of intermediary Thistle Insurance Services’ UK business from JLT Specialty.   11 January 2017
Insurance
Pen Underwriting bolsters solicitors’ PI practice with new head
London firm Pen Underwriting, a subsidiary of insurance broker Arthur J Gallagher, has appointed Paul Crilly as the head of solicitors’ professional indemnity (PI).   10 January 2017
Insurance
NIIT appoints CSC exec as head of insurance technologies
Adrian Morgan has been appointed as the head of NIIT Insurance Technologies (NITL), the insurance technology arm of NIIT Technologies.   10 January 2017
Insurance
Markel poaches senior PACE underwriter from CJ Coleman
Specialist insurer Markel International has hired Johan Haggo as a senior underwriter in its personal accident, contingency and entertainment (PACE) team.   4 January 2017
Insurance
Acquisition forms largest independent re/insurance broker in Singapore
Singapore-based broker Pana Harrison (Asia) is to acquire AIH Reinsurance Brokers, a broker established in 2011 in Labuan, Malaysia, by Michael Darby and backed by Huntington Partners.   3 January 2017
Insurance
Wake-up call: higher cat losses a warning, say reinsurance execs in 2016 look back
The higher levels of catastrophe losses in 2016 could represent something of a wake-up call for the re/insurance industry after a number of years of benign loss activity – especially against a backdrop of a continued soft market in most lines of business, according to a number of senior executives interviewed by Intelligent Insurer.   30 December 2016
Insurance
London already losing investment: execs speak out on Brexit in 2016 look back
The UK’s vote to leave the European Union will be the biggest event that 2016 will be remembered for with many market commentators citing the uncertainly it triggers as a big problem for the industry with a long and protracted negotiation process detailing the terms of exit proceeds.   29 December 2016
Insurance
Final loss estimate for storms Eva and Frank reduced by PERILS
PERILS has revealed its fourth and final loss estimate for the insured property market for UK floods linked to storms Eva and Frank in late December 2015 and other low pressure systems in early January 2016 is £504 million.   23 December 2016
Insurance
RSA hires underwriters from Marsh and XL Catlin
Insurer RSA has made two senior underwriting appointments within its Global Risk Solutions’ (GRS) UK operation.   23 December 2016

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