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Insurance
RenaissanceRe estimates California Wildfires hit at net $90m
Bermuda-based RenaissanceRe Holdings estimated the losses from the October 2017 California Wildfires will have a net negative impact of $90 million on its fourth quarter 2017 results of operations.   6 December 2017
Insurance
UK insurtech Ripe expands into commercial insurance
Insurtech specialist Ripe Insurance has launched a new commercial insurance product targeting small business owners.   6 December 2017
Insurance
Monarch collapse costs Saga insurance £2m
Saga, a UK-based specialist insurer for life after 50, has seen its profits impacted by the collapse of Monarch Airlines.   6 December 2017
Insurance
Asta bolsters its Lloyd’s managing agency board
Asta, a third party managing agent at Lloyd’s, has appointed its chief actuary Richard Barke to serve on its Lloyd’s managing agency board, subject to regulatory approval.   6 December 2017
Alternative Risk Transfer
Allianz alternative risk transfer head departs after 15 years; successor named
Allianz Global Corporate & Specialty (AGCS) has appointed Paul Schiavone as global head of its alternative risk transfer (ART) business, taking over from Bill Guffey who is leaving after 15 years to pursue opportunities outside the company.   20 November 2017
Insurance
XL Catlin names Coface hire as new country manager for Germany
XL Catlin’s insurance operation has appointed of Thomas Götting as country manager for Germany.   20 November 2017
Insurance
Aspen expects rate increases of up to 20%
Bermuda-based specialty re/insurer Aspen is expecting significant rate increases of up to 20 percent in some business areas.   20 November 2017
Insurance
Epsilon appoints head of new accident and health division from Beazley
Australia-based cover holder Epsilon Underwriting Agency is forming a new accident and health division under the leadership of Tim Curling.   20 November 2017
Insurance
Hiscox appoints NA head of business development from Lloyd’s
Specialist global insurer Hiscox has appointed Glenn Dorr as head of business development and broker relationships, North America, within its London Market business.   20 November 2017
Insurance
North P&I Club creates Brexit unit in Ireland
The board of directors of North and Sunderland Marine has agreed that a subsidiary insurance company should be established in Ireland to underwrite all future European Economic Area (EEA) business with effect from Feb. 20, 2019.   20 November 2017

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