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Insurance
The decline in reinsurance pricing moderated at the January 1, 2017 renewal across most classes of business and geographies, as compared to the past three renewal seasons, according to an annual renewals report by Guy Carpenter. 6 January 2017
Insurance
Brokerage and risk management firm Integro Insurance has appointed Deborah Morris as operations leader of its New York division. She succeeds Esther Ro, who is relocating to Integro’s California office. 6 January 2017
Insurance
The Council of Lloyd’s has appointed Richard Pryce, chief executive officer of QBE European Operations, as a non-executive director of the franchise Board with immediate effect. 6 January 2017
Insurance
Re/insurance legacy specialist Compre has acquired the entire UK business of Belgian re/insurance company AG Insurance in run-off for an undisclosed sum. 6 January 2017
Insurance
Asta, a third party managing agency at Lloyd’s, has appointed Neil Griffiths to a newly-created position of head of regulatory operations, to strengthen its senior management team. 6 January 2017
Insurance
Some 24 independent employee benefits, property/casualty, risk management and wealth management firms announced have joined forces to form Alera Group, a new independent national insurance brokerage and wealth management firm, with backing from private equity firm Genstar Capital. 5 January 2017
Insurance
Specialist re/insurance broker Besso Insurance has confirmed that it will be sold to BGC Partners, a global brokerage company which until now has operated in the financial and real estate markets. 5 January 2017
Insurance
The Hartford has completed a $1.5 billion excess-of-loss reinsurance deal with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway, which covers its asbestos and environmental liability exposures. 4 January 2017
Insurance
The Chartered Insurance Institute (CII) has appointed John Bissell as its chief operating officer (COO) and added him to its board of directors. 4 January 2017
Insurance
Bermuda-based Arch Capital Group (ACGL) has completed the acquisition of United Guaranty Corporation (UGC) from American International Group (AIG), further expanding its footprint in the mortgage insurance market. 4 January 2017
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