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Insurance
Arthur J Gallagher appoints former Willis exec as director
Insurance brokerage and risk management firm Arthur J Gallagher has appointed Peter Mason as an executive director to expand its UK public sector and education practice business.   17 November 2016
Insurance
Insurers must work together to crack the cyber challenge
Insurers must get better at sharing information and working together if they are to successfully tackle the challenges and opportunities posed by cyber risk.   16 November 2016
Insurance
Cyber is an opportunity – if insurers can add value
Insurers should see cyber risk as an opportunity for growth – if the industry can better understand and price this risk.   16 November 2016
Alternative Risk Transfer
ILS: Poacher turns gamekeeper
The ILS markets are leading the way in risk transfer in a number of ways and could even help open up brand new opportunities, closing the protection gap in the process, John Seo, co-founding partner of Fermat Capital Management, tells Intelligent Insurer.   16 November 2016
Insurance
New Zealand feels powerful aftershocks of M7.8 earthquake
Sizable aftershocks of up to magnitude (M) 6.5 have hit New Zealand following the M7.8 earthquake that struck South Island near Hanmer Springs in mid-November.   15 November 2016
Insurance
JLT Group sells majority of Thistle UK business to PIB
Jardine Lloyd Thompson Group (JLT) has reached an agreement to sell the majority of its Thistle UK business to PIB Group.   14 November 2016
Insurance
Marsh to acquire Bluefin Insurance Group from AXA
Broker Marsh has reached an agreement with AXA Group to acquire Bluefin Insurance Group (Bluefin), a broker network and managing general agent business owned, which is a subsidiary of AXA UK.   14 November 2016
Insurance
Rates decline for 14th consecutive quarter, but deterioration less marked
Global insurance rates declined for the 14th consecutive quarter in the third quarter of 2016, although the rate of decline moderated by weighted average for the third quarter in a row, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016.   11 November 2016
Insurance
Renewal rates remain competitive but decreases slow in the US and Asia
US renewal rates remain competitive on average across all major lines of business in the third quarter of 2016, but US financial and professional liability lines experienced the lowest rate of decline and property lines experiencing the greatest rate of decline, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016.   11 November 2016
Insurance
JLT bullish on specialty and reinsurance despite headwinds
Re/insurance brokerage Jardine Lloyd Thompson (JLT) plans to build out its specialty business in 2016 in spite of challenging market conditions, it said in its interim management statement for the period from July 1 through to November 7, 2016.   8 November 2016

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