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Alternative Risk Transfer
Risk modelling firm RMS has opened a new office in Sydney, Australia. The company said the move is part of its drive to support clients’ expansion in the Australian and New Zealand markets. 31 October 2017
Insurance
Insurers, reinsurers and brokers from all over the world attend the Singapore International Reinsurance Conference (SIRC) for a variety of reasons—but the principal one is to reaffirm relationships with existing clients in a relaxed environment. 31 October 2017
Insurance
Primary insurance writers in Asia are exploring growth opportunities in new, longer tail business segments—but a shortage of experienced actuaries in the region may open up opportunities for reinsurers that have the relevant technical experience and can partner with insurers on writing such business. 31 October 2017
Insurance
After 24 years at Aon Benfield, among others as chief operating officer Asia Pacific client services, Peter Mungeam is leaving the broker on Oct. 31 to work for consultancy firm r10 Consulting and his own creation Bubblegum Consulting. 31 October 2017
Insurance
American International Group (AIG) said on Oct. 30 that it appointed Chris Townsend as CEO international general insurance. 31 October 2017
Insurance
Liberty Mutual Insurance unit Liberty Specialty Markets (LSM) on Oct. 31 appointed Jennie Beard to the new role of senior underwriter war and terrorism. 31 October 2017
Insurance
Caribbean catastrophe facility CCRIF said on Oct. 30 that it is paying out $7.0 million to Trinidad & Tobago from its excess rainfall policy following a period of heavy rainfall between Oct. 18 and Oct. 20, 2017. 31 October 2017
Insurance
American International Group (AIG) said on Oct. 30 that it rebranded its data technology subsidiary acquired from Hamilton in October. 31 October 2017
Insurance
Bermuda-based run-off firm Catalina Holdings said on Oct. 31 that its wholly owned subsidiary Alea North America Insurance agreed to take over a portfolio of legacy US insurance liabilities in run-off from Samsung Fire and Marine Insurance US branch. 31 October 2017
Insurance
Bermuda-based Everest Re reported a net loss of $639.4 million for the third quarter of 2017. 31 October 2017
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