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Insurance
Global insurance mergers and acquisitions (M&A) transaction activity dropped in 2016 across all sectors, according to a study by Conning. 17 May 2017
Insurance
Insurers based in the UK are creating new entities in the EU to ensure access to the market after Brexit, but the move is set to involve low numbers of staff, Standard & Poor’s suggested in a May 16 briefing in London. 17 May 2017
Insurance
The new CEO of US insurance giant American International Group (AIG) Brian Duperreault wants to grow the insurer through new technology and dismisses a break-up of the company which had been demanded by some investors. 16 May 2017
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Martin Leeks as senior vice president, casualty, UK and Southern Europe. He will be based in BHSI’s London. 16 May 2017
Insurance
Dutch insurer Delta Lloyd has announced that its chief financial officer (CFO) Clifford Abrahams is leaving the company to join ABN Amro Group. 16 May 2017
Insurance
R&Q Commercial Risk Services, the specialist MGA platform of Randall & Quilter, has opened its third regional office in the UK as part of its strategy to expand the distribution footprint. 16 May 2017
Insurance
Brian Duperreault, the new president, CEO and director of American International Group (AIG), explained that he left the Bermuda-based Hamilton Insurance Group to fix issues at AIG which was recently hit by large losses, impacting investors’ confidence. 16 May 2017
Insurance
Business insurance specialist QBE European Operations, a part of Australia’s QBE Insurance Group, has announced that it will combine its underwriting divisions into one business to form a single underwriting entity, under the leadership of Sam Harrison as managing director, insurance. 16 May 2017
Insurance
Bermuda-Based specialty lines re/insurer AXIS Capital Holdings has appointed James Martin and Russ Madore as vice presidents of US programs, within its property/casualty team. 16 May 2017
Insurance
British Insurance Brokers' Association (BIBA) and the International Underwriting Association of London (IUA) have set out their plans for the UK’s Ogden personal injury discount rate reform in response to a government consultation. 16 May 2017
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