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  • Carole Nash CEO David Newman is to step down from the role at the end of March, the motorbike insurance broker's new parent company Ardonagh announced today.
  • Mudslides have killed 17 people in Montecito, California, and destroyed 100 homes and damaged at least 300 more, according to reports
  • Commercial insurance rates in the US rose across all major lines except workers' compensation in the fourth quarter, according to an insurance pricing index compiled by a unit of software company Applied Systems.
  • Every year at the Monte Carlo Rendez-Vous The Insurance Insider gathers together a celestial roll call of global reinsurance leaders for a discussion that has evolved to become the definitive event of the gathering
  • XL Group pegged its fourth-quarter cat losses related to the Southern California wildfires at $45mn, and said other events would add another $20mn to the previously announced total for the period.
  • AmTrust shares surged past the $12.25 buy-out offer announced late Tuesday to close well above that price, while sister companies Maiden Holdings and National General also posted gains today.
  • QBE named Vivek Bhatia as CEO of its Australian and New Zealand operations, or ANZO, returning the executive to the Sydney-based insurer where he began his career 15 years ago.
  • Investors and industry observers will be poring over the details of AmTrust’s financials as they assess the offer presented by Stone Point Capital and the Karfunkel-Zyskind family, but are likely to find a definitive view on the valuation elusive.
  • Chubb tinkered with its Accident & Health senior leadership team in Continental Europe, the UK and Ireland, today appointing Veronique Brionne to a newly created European role and installing Andrew Nisbet as senior vice president for the UK and Ireland.
  • Prime Risk Partners has added Scott Tofil to be executive vice president and CFO of the Atlanta-based broker roll-up firm.