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Insurance
The Chartered Insurance Institute (CII) has appointed Matthew Connell to the newly-created role of director of policy and engagement. 15 March 2017
Insurance
Re/insurers can now accurately model liability exposure probabilistically across their entire portfolios, Lloyd’s has claimed, thanks to a new data-driven methodology the market has developed in partnership with modelling company Arium. 15 March 2017
News
Ludger Arnoldussen, member of the Munich Re board of management with responsibility for Germany, Asia Pacific and Africa, is leaving the company after more than ten years to "seek new challenges", the reinsurer has revealed. 15 March 2017
Insurance
London-based Ascot Underwriting has appointed Ray Antes as executive underwriter with responsibility for its political risk team. 14 March 2017
Insurance
Allianz Global Corporate and Specialty (AGCS) has promoted Emy Donavan to lead its cyber insurance business, succeeding Nigel Pearson who has left the company to pursue other opportunities. 14 March 2017
Insurance
Cape, a UK-based manufacturer of industrial materials, has agreed to pay a £52.5 million product liability settlement to three insurers relating to litigation over the carriers' historic employers' liability exposures, however, Cape has not admitted any liability, describing the settlement as "removing the distraction of a likely protracted appeals process". 14 March 2017
Insurance
US property/casualty insurer Travelers is acquiring UK-based small and medium-sized enterprises (SME) insurance broker Simply Business from previous owner Aquiline Capital Partners for approximately $490 million. 13 March 2017
Insurance
Hong Kong-based pan-Asian life insurance group AIA has announced that its group CEO and president Mark Tucker is set to retire from his executive positions with the company and its subsidiaries. 13 March 2017
Insurance
London-based Lloyd's insurer Barbican has appointed Marc Sullivan as a class underwriter for downstream energy, with immediate effect. 13 March 2017
Insurance
Specialist underwriting agency Horizon as launched three new products for its residential property clients, complementing its existing mid and high net worth products Longitude and Latitude. 13 March 2017
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