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Argo pegs Q4 cat losses at $32mn

CEO Mark Watson said results would also be impacted by $12mn in accident year losses.

Laura Sanicola, 18 January 2019
Insurance income helps carry BB&T earnings in Q4

The financial firm’s insurance operations brought in $487mn of revenue in the fourth quarter of 2018.

Christie Smythe, 18 January 2019
WR Berkley abandons sale of Breckenridge

WR Berkley had been auditioning banks for guidance on how to sell all or parts of Breckenridge.

Laura Sanicola, 18 January 2019
Large broker M&A could up fees: Howard

Beach’s CEO warns consolidated intermediaries could damage the market.

Rachel Dalton, 17 January 2019
Lloyd’s lays out scrutiny plans for worst-performing lines of business

The Corporation has called for the first follow-up data after last year’s review by mid-February.

Bernard Goyder, 17 January 2019
Crusader Insurance downgraded by AM Best to B++

The ratings agency improved the outlook of the FSR to stable from negative.

Laura Sanicola, 17 January 2019
Correction: $100mn+ Star Centurion loss to hit marine market

The hull and P&I markets have already absorbed at least $120mn in claims so far this year.

John Hewitt Jones, 17 January 2019
New Guy Carp London unit to cover treaty and wholesale

JLT Re’s North American deputy CEO was absent from reshuffle details.

Adam McNestrie, 17 January 2019
GC forms capital solutions unit and announces management reshuffle

The reinsurance broker's vice chairman, David Priebe, will lead the new division.

Catrin Shi, 17 January 2019
Brit makes Sullivan deputy CUO in group restructure

The carrier has reorganised its business into six underwriting pillars.

Catrin Shi, 17 January 2019

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