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Insurance
Insurer Beazley has announced that it made a profit of $158.7 million for the first half of 2017, a six percent increase on the $150.2 million it made in the first six months of 2016. 24 July 2017
Insurance
The Florida Office of Insurance Regulation has appointed Michael Yaworsky as its new chief of staff. 21 July 2017
Insurance
Specialty managing general agent (MGA) Nexus Group has opened a new office in Cork following the establishment of a branch in Ireland, headed by Stephen Comerford, in July 2016. 21 July 2017
Insurance
Technological developments such as the advent of drive-assisted technologies and connected services are going to shake up the motor insurance industry, presenting a series of new opportunities and challenges for both traditional insurers and insurtech companies. Intelligent Insurer investigates. 20 July 2017
Insurance
Hannover Re parent Talanx will buy 90 percent stake in Italian insurer Generali's Colombian business to further expand its presence in the Latin American region. 20 July 2017
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has expanded its specialty portfolio with the launch of a global construction division. 20 July 2017
Insurance
Italian insurer Generali Group has completed the sale of its stake in Guatemala-based property/casualty insurance subsidiary Aseguradora General to the Neutze family, its "long-term trusted local partners". 20 July 2017
Insurance
Everest Re Group has hired Joe Martin to join its credit and political risk team in New York, reporting to Jim Thomas, head of credit and political risk at Everest Insurance. 20 July 2017
Insurance
The number of companies writing flood insurance in Florida has doubled from 10 to 20 firms in the past year, mainly thanks to the use of new technology to better predict and price flood risk, according to a report by Lisa Miller & Associates. 20 July 2017
Insurance
Global economic losses from natural disasters for 1H 2017 were estimated at $53 billion – 56 percent lower than the 10-year average of $122 billion and 39 percent lower than the 17-year average of $87 billion, according to Aon catastrophe report. 20 July 2017
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