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Starr to establish P&C branch in Netherlands

Starr Companies is setting up a new operation in the Netherlands as part of an expansion of its property and casualty business.

Bernard Goyder, 26 July 2017
US Risk confirms trucking MGA deal

Expansive specialty underwriter and wholesaler US Risk has announced the acquisition of trucking broker and MGA Strategic Insurance Underwriters, confirming a story published by The Insurance Insider last week

Adam McNestrie, 26 July 2017
Mapfre Global Risks falls to H1 loss on Adnoc, Panama claims

Large claims pushed Mapfre's global specialty insurance unit into the red in the first half, as the carrier reported group results that were broadly in line with consensus expectations.

Laura Board, 26 July 2017
Pembroke opens project cargo consortium on Lloyd’s China

Ironshore's Pembroke managing agency has launched a project cargo consortium offering up to $187mn of capacity on the Lloyd's China platform.

Catrin Shi, 26 July 2017
Opinion: Taming takeovers

From the ashes of her manifesto Prime Minister Theresa May has picked out a measure that could see certain UK companies shielded from foreign bidders

Laura Board, 26 July 2017
NZ regulator blocks Suncorp's Tower takeover

The New Zealand Commerce Commission has blocked Suncorp's agreed takeover of the country's third-biggest insurer, Tower.

Bernard Goyder, 26 July 2017
RenRe tops forecasts on low cat quarter

Bermudian (re)insurer RenaissanceRe delivered operating income of $2.79 per diluted common share in the second quarter, comfortably exceeding analysts' consensus forecast of $2.40 per share.

Iulia Ciutina, 26 July 2017
WR Berkley profits hold steady

WR Berkley reported flat net income per share of $0.85 in the second quarter as its underwriting result was almost unchanged year-on-year.

Adam McNestrie, 26 July 2017
Chubb’s cost savings drive Q2 outperformance

Insurance giant Chubb reported second quarter operating earnings of $2.50 per share, exceeding market expectations of $2.47 per share and the result achieved in the same period last year by $0.25.

Iulia Ciutina, 26 July 2017
Aquiline’s InsurTech fund closes at $190mn

Aquiline has closed the most ambitious InsurTech capital raise to date, closing its new fund with around $190mn in commitments.

Dan Ascher, 26 July 2017

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