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Seeman Holtz adds to California expansion drive

Expansive broker Seeman Holtz has acquired a second southern California agency, Behrooz Meimand, as it continues a drive to expand outside its home territory in Florida.

Ted Bunker, 20 July 2017
Talanx to buy Generali Colombian units for EUR30mn

Talanx has agreed to a EUR30.0mn ($34.6mn)) deal to acquire Generali’s majority stake in it two Colombian units as the Italian carrier continues to divest non-core assets.

Matthew Neill, 19 July 2017
Everest adds Martin as political risk underwriter

Everest Re’s insurance subsidiary has added Joe Martin to its credit and political risk team as an executive underwriter in New York, the company said today.

Dan Ascher, 19 July 2017
Bermuda changeover won’t disrupt business service: BDA

The Bermuda Business Development Agency (BDA) has claimed the island can navigate changes in government without disrupting business relations, after a new party swept to power in yesterday's general election.

Fiona Robertson, 19 July 2017
Five US weather events top $1bn mark

US weather events led insured losses from catastrophe events in the first half of 2017, as five separate storm outbreaks all produced more than $1bn of claims, Impact Forecasting reported

Sofia Geraghty, 19 July 2017
Lloyd’s outlines MTE syndicate support measures

Lloyd's has set out a series of measures to aid recovery after a market-turning event (MTE), which are designed to maintain its solvency and ability to pay claims

Matthew Neill, 19 July 2017
Vizion adds Living as fourth partner

Pete Living has joined Vizion Insurance Brokers as a fourth founding partner, the firm announced today

Charlie Thomas, 19 July 2017
Alberta Motor sues reinsurers over Fort McMurray loss

The Alberta Motor Association is suing 16 reinsurers that it alleges are baulking at paying a C$165mn ($130mn) claim from its treaty provision dealing with forest fires

Ted Bunker, 19 July 2017
Stevenson to retire from Lloyd’s

Bob Stevenson, the longstanding head of relationship management at Lloyd's, is planning to retire by the end of this year, The Insurance Insider understands.

Catrin Shi, 19 July 2017
Aviva to sell Friends Provident to Vitruvian-backed IFG

Aviva has agreed to sell its Asia and Middle East-focused life business Friends Provident to private equity-backed International Financial Group (IFG) for £340mn ($443mn).

Bernard Goyder, 19 July 2017

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