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Pembroke M&A underwriters to form Euclid London team

US-headquartered MGA Euclid Transactional has hired two underwriters from Pembroke to start writing European M&A insurance in London, The Insurance Insider understands

Catrin Shi, 11 January 2018
AIR: Eleanor losses estimated at EUR1.1bn-EUR1.6bn

AIR Worldwide has said insured losses as a result of wind from Storm Eleanor, known as Burglind in Germany, will total EUR1.1bn to EUR1.6bn ($1.3bn-$1.9bn).

Lucy Jones, 11 January 2018
RenRe forges $780mn life JV with RGA

Reinsurance Group of America (RGA) and RenaissanceRe have launched Langhorne Re, a life reinsurer that will target in-force life and annuity blocks.

Sofia Geraghty, 11 January 2018
PRA begins third leg of Solvency II consultation

The Prudential Regulation Authority (PRA) has begun the final part of a consultation about the Solvency II regulatory framework with proposals to streamline reporting requirements under the EU-wide regime.

Laura Board, 11 January 2018
AIG mulls Australian M&A: report

AIG is said to be looking closely at insurance assets of Commonwealth Bank of Australia (CBA), following CEO Brian Duperreault's pledge in May to pursue growth

Bernard Goyder, 11 January 2018
Dual reports 16% organic growth for 2017

Organic revenue growth at Hyperion Insurance Group's underwriting arm Dual hit 16 percent in 2017, as the extensive turnaround efforts at the business began to bear fruit.

Catrin Shi, 11 January 2018
London market to take $350mn El Conquistador loss

The El Conquistador hotel in Puerto Rico, which suffered extensive damage from Hurricane Maria, is claiming for the full $350mn limit of its property direct and facultative policy, The Insurance Insider understands.

Catrin Shi, 11 January 2018
CNA appoints former Exin executive as Luxembourg CEO

CNA Hardy has progressed plans for its new Luxembourg subsidiary with the appointment of a former senior executive from Matt Fairfield's Exin as the division's CEO

11 January 2018
Hyperion fiscal year earnings jump by a quarter

Profits at Hyperion, the parent company of Howden and RK Harrison, leapt by 24 percent in the 2017 fiscal year, with earnings growth outstripping an acquisition-fuelled increase in revenue

Bernard Goyder, 11 January 2018
Qatar Re gains UK regulatory authorisation

Qatar Re has received approval from the UK Prudential Regulation Authority to underwrite from a branch in London

Laura Board, 11 January 2018

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