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Insurance
Reinsurance demand grows 15% YOY in Q1 in Brazil
Demand for reinsurance cover is experiencing significant growth in Brazil, according to a report by Terra Brasis Resseguros.   11 July 2017
Insurance
Assurant seals $1.36bn P&C reinsurance deal
Risk management solutions provider Assurant said July 10 that it finalised a $1.36 billion property catastrophe reinsurance program.   11 July 2017
Insurance
S&P cuts Allied World post acquisition by Fairfax
S&P Global Ratings has lowered the ratings on Switzerland-based Allied World which has been acquired by Canada-based Fairfax.   11 July 2017
Insurance
RSG hires ex-AIG to head new LatAm MGU
US-based Ryan Specialty Group (RSG) has formed its first specialty financial lines managing general underwriter (MGU) focused on Latin America, and has hired Pascal Alvarez and David Gonzalez to lead the operation.   11 July 2017
Alternative Risk Transfer
Neon poaches Argo reinsurance, alternative capital director Gibson
Specialist Lloyd's insurer Neon has hired Mark Gibson as reinsurance and alternative capital director, reporting to managing director Ian Martin.   11 July 2017
Insurance
Everest makes senior hire to expand excess casualty offering in energy
Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has hired Andreas Graham to join its excess casualty team and lead the expansion of energy portfolio and capabilities.   11 July 2017
Insurance
TigerRisk joins R3 and ACORD blockchain/DLT venture
TigerRisk Partners, the reinsurance broking and risk/capital management firm, has joined R3 and the Association for Cooperative Operations Research and Development's (ACORD) distributed ledger (DLT)/ blockchain technology platform.   11 July 2017
Insurance
Sompo Canopius boosts credit, political risk with Deutsche Bank hire
Specialty re/insurer Sompo Canopius has appointed Tim Phillips as credit and political risk underwriter.   11 July 2017
Alternative Risk Transfer
RMIA appoints new CEO
The Risk Management Institution of Australasia (RMIA) has appointed Scott Ryrie as its new chief executive officer (CEO).   11 July 2017
Insurance
AXIS Capital outlook revised to negative post Novae acquisition
S&P Global Ratings has revised the outlook for Bermuda-based AXIS Capital Holdings to negative from stable, reflecting its concerns that AXIS' capital redundancy will significantly diminish after the deal acquisition of Novae Group.   10 July 2017

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