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Insurance investment manager Twelve Capital raises almost $400m for UCITS cat bond
Insurance
Independent insurance investment manager Twelve Capital said it has raised close to $400 million in 18 months for its UCITS cat bond offering.   22 July 2019
Third Point Re hires David Sinclair to grow specialty reinsurance
Insurance
Third Point Reinsurance has appointed David Sinclair as senior vice president of marketing and investments, he will start his new role on September 2 and reports to marketing director Clare Himmer.   22 July 2019
RSA reshuffles Middle East leadership; appoints CEOs Martin Rueegg and Praveen Kumar
Insurance
RSA has hired Martin Rueegg from AXA to be its new chief executive (CEO) of the Middle East and UAE, replacing Lloyd East who will move to RSA’s Canadian operation Johnson to become vice president of strategic operations and chief operating officer (COO). Rueegg will take up his new post in September.   22 July 2019
Insurance
Specialty insurer Ryan Specialty Group (RSG) has confirmed plans to open an office in Barcelona as part of an expansion strategy to grow geographically and increase its products.   22 July 2019
Insurance
Specialty re/insurer Brit has created the new post of head of innovation and appointed James Birch, who starts today (22 July).   22 July 2019
Insurance
Reinsurer AXA XL has appointed Paul-Henri Rastoul as chief underwriting officer at XL Insurance Company SE.   22 July 2019
Insurance
International re/insurance firm Darag has bought The Underwriter, a UK-based insurer in run-off.   22 July 2019
Insurance
Insurance premium increases are a “near certainty” for shipping in the region of the strait of Hormuz after Iran seized UK-flagged oil tanker Stena Impero on Friday 19 July.   22 July 2019
Insurance
Bermuda-based Catalina Holdings has appointed Steve Ryland as chief executive of its UK operations as part of the company's effort to strengthen its global management team.   19 July 2019
Insurance
Global insurer Generali has agreed two acquisition deals worth a total of €600 million to become the second largest non-life group in Portugal with a market share of 18.7 percent, making it the third largest business in the market.   19 July 2019

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