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Insurance
Tryg group CFO leaves to join Danske Bank
Danish insurer Tryg's group chief financial officer Christian Baltzer has resigned from the company to take up the position of CFO at Danske Bank.   6 April 2018
Insurance
Zurich EMEA CEO steps down, is replaced by AXA hire
Gary Shaughnessy, Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) is stepping down from his role and as a member of Zurich’s executive committee in the fourth quarter of 2018.   5 April 2018
Insurance
Dual to acquire Italian MGA from Munich Re, Reale Mutua
Dual's Italian business is in talks to acquire 100 percent of managing general agency Synkronos Italia's share capital.   5 April 2018
Insurance
US insurers brace for $3bn winter storm damage
A series of winter storms in the US have caused a total combined economic damage of around $3 billion, according to Aon Benfield estimates.   5 April 2018
Insurance
UIB launches Colombian retail broker operation; appoints CEO
Re/insurance broker UIB has launched a retail broking business in Colombia to be headed by Yolanda Guerra as chief executive officer.   5 April 2018
Insurance
Tokio Marine Kiln appoints managing director for Asia
Specialist insurer Tokio Marine Kiln (TMK) has promoted Alex Dugand to regional managing director for Asia, reporting to CEO Charles Franks.   5 April 2018
Insurance
Chubb partners with insurtech Bunker
Chubb is joining forces with insurtech Bunker Technologies to accelerate new insurance product development for a flexible working environment.   5 April 2018
Insurance
Swiss Re CEO: SoftBank not to become an anchor shareholder
Japanese conglomerate SoftBank is expected not to acquire more than a 10 percent share of Swiss Re’s share capital and therefore will not become the anchor shareholder Swiss Re would like to have, CEO Christian Mumenthaler said in an April 4 press conference.   4 April 2018
Insurance
IAT Insurance enters surety market with IFIC acquisition
IAT Insurance Group has agreed to acquire IFIC Surety Group which includes International Fidelity Insurance Company and its subsidiary Allegheny Casualty Company.   4 April 2018
Alternative Risk Transfer
Cat bond issuance jumps to $3.1bn in Q1 ‘18
Insurers and reinsurers sponsored approximately $3.1 billion in catastrophe bonds in the first quarter of 2018, up 34 percent from the first quarter of 2017, according to data analytics provider PCS.   4 April 2018

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