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Insurance
AXA reported a better underwriting profitability in its property/casualty (P&C) business in the first six months of 2017. 3 August 2017
Insurance
Re/insurer XL Catlin has promoted Angie Strack to the position of senior vice president and underwriting manager for its global risk management division's US North Central region, including the greater Chicago-area and upper Midwest. 10 March 2017
Insurance
Specialist insurer Beazley has appointed Elizabeth “Libby” Benet to drive the new business and product development of the specialty treaty team’s partner solutions focus group. 19 April 2016
Insurance
Megacities represent significant concentrations of exposure at risk from typhoons—with high population densities and often unregulated expansion—and efforts are needed to make them more resilient to natural disasters, Hemant Nagpal, managing director and specialist on Asia-Pacific models at RMS, told SIRC Today. 31 October 2018
Insurance
Marsh & McLennan Agency, the middle market agency subsidiary of Marsh, acquired employee benefits consulting firm Insurance Partners of Texas. The move follows the recent acquisition of Texas-based iaCONSULTING. 8 May 2017
Insurance
Chinese insurers are diversifying their business and product offering, which is set to lead to higher cessions to reinsurers, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told SIRC Today. 30 October 2018
Insurance
CLARA Analytics, an artificial intelligence (AI) and data science company focused on the property/casualty and disability insurance industries, has raised $11.5 million of Series A funding round led by Oak HC/FT, a private equity fund that invests in healthcare information & services and financial services technology. 5 January 2018
Insurance
The business model of hedge fund reinsurers is being put to a hard test in the current soft market while sophisticated clients challenge their business model. 25 October 2016
News
Pimco, the US-based asset management subsidiary of insurer Allianz, has launched a new property and casualty insurance-linked securities (ILS) business. 25 January 2019
Insurance
Maiden Holdings’ board of directors has retained BofA Merrill Lynch to assist the company in evaluating strategic alternatives to enhance the value of the enterprise. 9 April 2018
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