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Insurance
Asta bolsters its Lloyd’s managing agency board
Asta, a third party managing agent at Lloyd’s, has appointed its chief actuary Richard Barke to serve on its Lloyd’s managing agency board, subject to regulatory approval.   6 December 2017
Insurance
AIG appoints chief underwriting officer from Berkshire
American International Group (AIG) has appointed Tom Bolt as chief underwriting officer, general insurance.   5 December 2017
Insurance
Hyperion secures $400m to fund growth
Hyperion Insurance Group received a $400 million investment from Caisse de dépôt et placement du Québec (CDPQ) which in turn acquired a “significant minority stake” in the group.   5 December 2017
Insurance
Marsh names head of UK aviation team
Insurance broker Marsh has appointed Mark Costin as the head of its UK aviation practice, effective immediately.   5 December 2017
Insurance
The Hartford sells Talcott for $3bn
The Hartford has entered into a definitive agreement to sell its run-off life and annuity businesses Talcott Resolution to a group of investors for a total value of around $3 billion.   4 December 2017
Insurance
XL Catlin poaches Beazley exec for international financial lines
Re/insurer XL Catlin has appointed Yera Patel to the position of global practice leader for international financial lines claims.   4 December 2017
Insurance
Lloyd’s syndicate 4242 active underwriter departs
Megan McConnell, an active underwriter of Paraline’s Lloyd’s syndicate 4242, is set to depart to pursue a new opportunity in the London market, according to a Dec. 4 statement by Lloyd's third-party managing agent Asta.   4 December 2017
Insurance
Tryg acquires Alka Forsikring for $1.3bn
Danish non-life insurer Tryg has agreed to acquire Danish property/casualty insurer Alka Forsikring for a total consideration of DKK 8.2 billion ($1.3 billion).   4 December 2017
Insurance
Carlou steps down as CEO of Patria Re
Ingrid Carlou, the CEO of Patria Re, has left the reinsurer with immediate effect, Intelligent Insurer can reveal.   4 December 2017
Insurance
Ascent enhances cyber product to address “new wave of exposures”
Specialist niche-product managing general agent (MGA) Ascent Underwriting has extended its cyber offering to cover social engineering and computer crime, and provide modules of coverage on a nil deductible basis.   4 December 2017

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