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Navigators will not join Lloyd's sales rush

Navigators intends to retain ownership of its Lloyd's platform despite a flurry of moves from rivals to place businesses on the market, The Insurance Insider understands.

Adam McNestrie, 05 April 2018
Marsh to strip out management layers

Global broker Marsh is planning to reduce its number of management layers in an effort to streamline the business, according to an email sent to staff today.

Charlie Thomas, 05 April 2018
PRA adds ILS expertise with Guevara hire

The Prudential Regulation Authority (PRA) has hired an insurance-linked securities specialist from interdealer broker Tullett Prebon to work in the fledgling UK sector, sister publication Trading Risk reported

Lucy Jones, 05 April 2018
Hurricane landfall in US viewed as more likely this year

A more active Atlantic storm season this year is likely to produce seven hurricanes, three of them major, according to forecasters at Colorado State University.

Ted Bunker, 05 April 2018
Tokio Marine Kiln makes Dugand Asia managing director

Tokio Marine Kiln has named Asian underwriting director Alex Dugand managing director for the region.

Laura Board, 05 April 2018
Syndicate 1414 makes 2017 loss as backers put up $85mn

Ascot's Syndicate 1414 swung to a £28.9mn ($40.7mn) loss last year as second-half catastrophes forced it to tap backers for more cash.

Laura Board, 05 April 2018
MS Amlin cuts another two senior casualty roles

Two further senior members of MS Amlin's casualty operations have left as the Lloyd's carrier looks to cut costs as part of a review of underperforming businesses.

Catrin Shi, 05 April 2018
Carlyle-backed PIB builds up board with Colosso hire

Broker-consolidator PIB has appointed two independent non-executive directors three years' after its acquisition by private equity firm Carlyle.

Laura Board, 05 April 2018
Axa’s Blanc to replace Shaughnessy as Zurich Emea CEO

The head of Axa's UK arm, Amanda Blanc, is set to join Zurich Insurance as CEO of Europe, Middle East and Africa.

John Hewitt Jones, 05 April 2018
Dual Italia to buy Synkronos insurance

Dual's Italian operation plans to buy Milan-headquartered MGA Synkronos from Munich Re and Italian insurer Reale Mutua.

John Hewitt Jones, 05 April 2018

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