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Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted Andrew Beechey to the new role of head of underwriting and strategic development for global financial risks. 22 November 2017
Insurance
The US property/casualty industry recorded a net underwriting loss of $20 billion for the first nine months of 2017, up from $2.3 billion loss in the same period a year ago, according to AM Best. 22 November 2017
Insurance
Bermudian Fidelis Insurance has taken an equity stake in new managing general agent (MGA) Firestone Surety and will be providing underwriting capacity. 15 December 2017
Insurance
Insurance Europe’s Reinsurance Advisory Board (RAB), a representative body for the European reinsurance industry, has accused the US National Association of Insurance Commissioners (NAIC) of deviating significantly from the original language of the bilateral agreement on re/insurance prudential measures, concluded between the EU and US in 2017, in its draft implementation plans. 28 October 2018
Insurance
Dutch insurer NN Group has appointed Fabian Rupprecht as CEO international insurance replacing Robin Spencer who stepped down effective June 1, 2018 to join Prudential Corporation Asia (PCA), a business unit of Prudential, as chief operating officer. 16 August 2018
Alternative Risk Transfer
UK-based risk management solutions provider Russell Group has launched a new offering that enables casualty underwriters model, price and manage connected risks. 30 August 2017
Insurance
XL Catlin’s insurance operation has appointed of Thomas Götting as country manager for Germany. 20 November 2017
Insurance
“We fired a gun last year with the publication of our Roads to Revolution report; this year, it will be interesting to see how everyone responds to that call to action and what solutions people are able to bring to the table. 3 June 2019
Insurance
Sedgwick LLP, a London-based insurance and disputes resolution practice, has appointed David Murphy as partner to the firm’s insurance practice. 7 January 2014
Insurance
American International Group’s (AIG) chief executive Brian Duperreault said the company is working with a “sense of urgency” and “taking decisive actions across the company” as the business posted another big loss in its third quarter results. 1 November 2018
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