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Insurance
Insurance CEOs are more concerned than leaders in any other industry about threats to their growth prospects, according to PwC’s annual global CEO Survey. 13 February 2017
Insurance
Zurich’s net income increased by 74 percent year-on-year to $3.21 billion in 2016 boosted by higher profitability in general insurance and continued growth in global life and its subsidiary Farmers, according to a company statement. 9 February 2017
Insurance
Broker Willis Towers Watson has appointed Kevin Angelini as head of strategy in its insurance consulting and software business in Asia Pacific. 9 February 2017
Insurance
Canada-based Fairfax Financial Holdings, a property and casualty re/insurer, has agreed to acquire New Zealand-based general insurer Tower for an all-cash deal. 9 February 2017
Insurance
Global Risk Partners (GRP), a private-equity-backed investment vehicle aimed at brokers and managing general agents (MGAs), has acquired Higos Insurance Services, a commercial and personal lines insurance broker. 8 February 2017
Insurance
The global insurance market covering the so-called Internet of Things (IoT) is estimated to be worth $42.76 billion by 2022, growing at a compound annual growth rate (CAGR) of 65.89 percent between 2016 and 2022, according to a report by Report Buyer. 8 February 2017
Insurance
AXIS Capital Holdings has strengthened its cyber insurance team with the addition of senior executives Neil Arklie and Delvin Tillett. 8 February 2017
Insurance
General insurer RSA has restructured its specialty business with a new global risk solutions (GRS) operating model, and named division heads. 8 February 2017
News
Everest Re’s 2016 profits increased compared with the year before and the company also enjoyed some growth despite what its CEO called very challenging market conditions – but the growth was more on the primary side, its reinsurance book remaining flat. 7 February 2017
News
Hannover Re has said it expects to generate a net profit around €1.17 billion in 2016, a small increase on the €1.15 billion) it made in 2015. The company stressed that this will surpass its profit target of at least €950 million for the year. 7 February 2017
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