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Insurance
S&P calls EMEA insurers to focus on preserving capital, earnings
Western European insurers' rating stability will depend on their ability to preserve capital and earnings, according to an S&P Global Ratings report.   13 December 2017
Insurance
At least 1,500 structures affected by Southern California wildfires
More than 1,500 structures were damaged or destroyed by at least six notable fires in Southern California, according to an Aon Benfield report.   13 December 2017
Insurance
Reinsurance veteran joins Chaucer board
Specialist Lloyd's insurance group Chaucer has appointed Jerome Faure as an independent non-executive director of its managing agency and main operating company Chaucer Syndicates Limited (CSL).   13 December 2017
Insurance
California wildfires prompt regulator action
The California Department of Insurance has issued a notice to insurers asking them to agree to expedite wildfire claims handling and adopt a billing grace period.   13 December 2017
Insurance
California regulator warns insurers over auto policy practices
The California Department of Insurance issued a formal notice to insurers directing them to cease any and all moratoriums on auto insurance and reminding them that California law prohibits this practice.   13 December 2017
Insurance
Pioneer hires Hartford underwriter for E&S property operation
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Kellie Reese as an underwriter in its recently launched excess and surplus (E&S) property operation.   13 December 2017
Insurance
The Hartford personal lines leader steps down after 30 years
The Hartford, a US-based property/casualty insurer, has appointed Stephanie Bush to lead personal lines, replacing Ray Sprague, who is retiring after a 30-year career with the company.   12 December 2017
Insurance
S&P Global Ratings roundtable: insurtech’s effects become clearer
New products based on technology and data are increasingly being brought to market, while claims processes are being sped up through technologies such as blockchain, freeing up capabilities for new services, according to panellists at an Intelligent Insurer roundtable sponsored by S&P Global Ratings at October’s Baden-Baden Reinsurance Meeting.   10 December 2017
Insurance
Swiss Re CFO steps down, successor appointed
Swiss Re chief financial officer David Cole is set to step down on March 31, 2018, and will be succeeded by John Dacey, currently group chief strategy officer.   8 December 2017
Insurance
Reinsurers face $1bn Harvey claim from FEMA
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program.   6 December 2017

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