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Thomas Miller acquires Brookes Bell surveying business

Insurance services firm Thomas Miller has bought international surveying and marine consultancy Brookes Bell

John Hewitt Jones, 19 January 2018
Jain controls $109mn of Berkshire Hathaway shares

Ajit Jain and his family control around $109mn worth of Berkshire Hathaway stock, according to a regulatory filing disclosed on 18 January

Bernard Goyder, 19 January 2018
Hub moves to consolidate London trading relationships

Top 10 US retail broker Hub International is conducting a formal bid process to narrow the panel of London wholesalers it trades with, in a move that will create major winners and losers in EC3, The Insurance Insider understands

Adam McNestrie, 19 January 2018
Markel Catco posts 27.6% loss after reserve boost

The Catco Reinsurance Opportunities Fund missed its expected result for 2017 after posting a 27.6 percent loss for the year following claims deterioration from the October wildfires in California.

Fiona Robertson, 19 January 2018
Hannover Re’s $4.2mn deal may pave way for US expansion

Hannover Re quietly acquired a US shell company on Monday (15 January) that it will use as a specialty admitted insurance underwriter in conjunction with its Chicago-based Glencar MGA subsidiary

Ted Bunker, 19 January 2018
Opinion: The lessons of AmTrust #1

Just over a year ago, AmTrust was on a high. The firm was on track to reach over $8bn in premium, was the second largest workers' comp insurer and had seen its stock increase roughly 10x in value over the past decade

Gavin Davis, 19 January 2018
Friederike causes ‘hundreds of millions’ of euros damage: Aon Benfield

Storm Friederike, a powerful winter storm that struck western Europe on Thursday (19 January), is likely to cause hundreds of millions of euros in economic damage, according to Aon Benfield.

Bernard Goyder, 19 January 2018
RenRe confirms Catalina minority investment deal

RenaissanceRe has agreed to make a minority investment in legacy specialist Catalina, confirming an earlier report by The Insurance Insider, as it continues to diversify beyond P&C reinsurance.

Adam McNestrie, 19 January 2018
Commercial auto remains a US P&C sore point: AM Best

Commercial auto business in the US remains a challenge as underwriting continues to be unprofitable even after six years of rate increases, AM Best said late today.

Ted Bunker, 19 January 2018
JLT Specialty picks Chicago for US headquarters

Jardine Lloyd Thompson’s JLT Specialty USA unit plans to make Chicago its home base and will double the size of its staff there to more than 120 in the next few years.

Ted Bunker, 19 January 2018

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