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Insurance
Anbang Insurance Group chairman steps aside, purportedly detained
Anbang Insurance Group said on June 14 that its chairman Wu Xiaohui is stepping aside with a media outlet claiming that he has been detained.   14 June 2017
News
Target Group hires new chief financial officer
Target Group, the financial services outsourcing and software provider, has appointed Iestyn Evans as the group’s new chief financial officer (CFO).   14 June 2017
Insurance
QBE warns of $1.2bn FY 2017 loss
Australia’s QBE has warned the markets that it expects to report a full year 2017 after tax loss of around $1.2 billion due to catastrophe losses, reserve strengthening and write-downs.   23 January 2018
Insurance
Beazley boosts European growth with Aon and Chubb hires
Specialist insurer Beazley has strengthened its international specialty lines teams across Europe with a series of hires from Aon, Chubb and Tokio Marine, among others.   23 January 2018
Insurance
Data breaches increase in Q1 2017: Beazley
Specialist insurer Beazley has managed an increased number of data breaches on behalf of clients in the first quarter of 2017, driven by phishing techniques.   25 April 2017
Insurance
Hurricane Irma to test newer participants in Florida insurance market
New companies have formed in recent years to take property/casualty risk in Florida from state-formed Citizens in a soft market and Hurricane Irma will be the first test for them, said ratings agency AM Best in a Sept. 14 report.   15 September 2017
Insurance
QBE replaces CFO after 7 months amidst management shake-up
Australia-based QBE Insurance Group is replacing its group chief financial officer (CFO) Michael Ford who has assumed the role only in September 2017.   11 April 2018
Insurance
Sirius goes public through merger deal
Bermuda-based Sirius International Insurance Group plans to merge with special purpose acquisition firm Easterly Acquisition in a deal which will result in Sirius becoming a publicly listed company.   25 June 2018
Insurance
Oak Hill acquires controlling stake in EPIC Insurance Brokers
Private equity firm Oak Hill Capital Partners has acquired a "controlling equity position" in EPIC, a US retail property/casualty insurance brokerage and employee benefits consulting firm, from The Carlyle Group.   28 July 2017
Insurance
Markel downgraded due to possible negative impact from $1.2bn M&A activity
Ratings agency S&P Global has lowered its long-term counterparty credit and senior unsecured debt ratings on Markel Corporation to 'BBB' from 'BBB+' following its recent M&A activity. The outlook is stable.   28 July 2017

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