August 2015/3
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Hamilton Insurance Group has hired Adrian Daws, who resigned as head of specialty at Lloyd's rival CNA Hardy in June, The Insurance Insider can reveal.
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The cyber attack on UK mobile phone retailer Carphone Warehouse, which saw hackers steal the personal details of up to 2.4 million customers, is unlikely to impact the insurance market, The Insurance Insider understands.
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Howard Burnell, who wrote Amlin's marine liability book, has resigned to take up the position of head of marine liability at Apollo Underwriting, The Insurance Insider understands.
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The next phase of RenaissanceRe's transformation into a full-service reinsurer will see the erstwhile property cat reinsurance specialist expand into London market specialty lines including marine and aviation, The Insurance Insider can reveal.
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Florida Specialty Holdings, the vehicle set up by former Canopius Bermuda CEO Susan Patschak, has completed the purchase of Florida carrier Safeway Property Insurance Company (SPIC), The Insurance Insider can reveal.
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Narragansett Bay Insurance Company (NBIC) has appointed advisory firm Evercore to explore strategic options that could include a sale of the US insurance company, The Insurance Insider can reveal.
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China Oceanwide Holdings - which backs Sirius acquirer China Minsheng Investment (CMI) - has extended its foray into the reinsurance sector with plans for a 20bn yuan ($1.6bn) start-up.
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Imagine this for a second. A fire in a chemicals warehouse culminates in a series of devastating explosions in the port and industrial heart of a major city.
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The global (re)insurance industry is just beginning the fraught task of assessing its exposure to the Tianjin port explosions, in what looks set to be the most expensive man-made loss since Deepwater Horizon in 2010.
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