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Historic Louisiana Cat 1 storm caused $5.5bn damage

Tropical Storm Nate is forecast to hit Louisiana, Mississippi and Alabama as a Category 1 storm this weekend, almost 32 years after Hurricane Juan took a similar path at the same strength and caused $5.5bn of damage in today's terms

Lucy Jones, 06 October 2017
Argo takes Eccles from Travelers

Argo Group has lured Steve Eccles from Travelers' London platform to become chief underwriting officer for its international business, The Insurance Insider can reveal.

David Bull, 06 October 2017
PartnerRe forecasts $60mn-$90mn Q3 loss after HIM

PartnerRe is expecting a Q3 loss of $60mn-$90mn, following an expected $475mn hit from hurricanes Harvey, Irma and Maria.

Catrin Shi, 06 October 2017
Mapfre under intense market scrutiny over Maria pick

Mapfre is being closely watched by the international reinsurance market after issuing a loss estimate of only EUR150mn-EUR200mn ($176mn-$235mn) for recent cat events despite its huge market share in Maria-devastated Puerto Rico.

Adam McNestrie, 06 October 2017
Beckham takes CEO role at Dual NA

Expansive program manager Dual North America has announced Jon Beckham will succeed Justin Tweedie as CEO from the start of next year.

David Bull, 06 October 2017
R&Q to raise $65mn as Randall relinquishes CEO role

R&Q said it would raise up to £49.3mn ($65.4mn) from the sale of new shares as it announced that Ken Randall would step down as CEO to become executive chairman

Adam McNestrie, 05 October 2017
Lockton confirms Rivers as global marine head

Lockton has hired Alistair Rivers to lead its marine and transportation business globally.

Laura Board, 05 October 2017
Allied World M&A trio depart

Andrew Graham, head of M&A insurance at Allied World, has resigned from the firm along with two of his team, The Insurance Insider understands.

Catrin Shi, 05 October 2017
Aviation underwriters showing signs of steel: JLT

Aviation rates are expected to flatten, and harden for loss-prone clients, with underwriters becoming more selective about the risks they take on, according to JLT's quarterly review of the aviation market.

Bernard Goyder, 05 October 2017
XL Innovate leads $11.6mn Slice funding round

InsurTech start-up Slice has raised $11.6mn in Series A financing led by XL Innovate.

Laura Board, 05 October 2017

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