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Insurance
Beazley, Chaucer and Talbot have joined forces to form a political risk consortium in Asia offering increased capacity for a wide range of political and contract frustration risks. 22 May 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Sam Wilde as senior underwriter – global financial risks (GFR). 22 May 2017
News
African Reinsurance Corporation enjoyed steady growth in the first quarter of 2017 but its profits were hit by large claims in South Africa, the Middle East and Mauritius. 22 May 2017
Insurance
Assurant, a provider of risk management solutions, has appointed Colin Kersley as a non-executive director to its UK board, which heads its European operation. 22 May 2017
Insurance
Netherland-based insurance group Aegon has agreed to sell its two largest US run-off businesses, the pay-out annuity business and the Bank Owned / Corporate Owned Life Insurance business (BOLI/COLI), to Wilton Re. 22 May 2017
Insurance
Many African insurers are insufficiently capitalized and lack financial stability, which could dampen consumer confidence, according to a the 2nd Africa Insurance Barometer, launched at the 44th AIO Conference & General Assembly in Kampala, Uganda. 22 May 2017
Insurance
QBE Australia and New Zealand has appointed of Alex Green as head of product – negotiated lines. 22 May 2017
Insurance
Prudential Annuities, a business unit of Prudential Financial, has appointed Dianne Bogoian as senior vice president and head of product, responsible for product development and management. 22 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
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