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Debbie claims near A$1bn: ICA

Insured losses from Cyclone Debbie, which struck the east coast of Australia in late March, have neared A$1bn ($767bn), the Insurance Council of Australia said today

Bernard Goyder, 29 June 2017
Axa Asia CEO Laurent Josi steps down

Axa Asia CEO Jean-Louis Laurent Josi has stepped down after 11 years with the company.

Bernard Goyder, 29 June 2017
Guy Carpenter launches Asia Pacific retro unit

Guy Carpenter has launched a new unit offering retrocession services to clients in the Asia Pacific region.

Charlie Thomas, 29 June 2017
Exin seals $1.1bn deal for Greek insurer Ethniki

Matt Fairfield's start-up Exin has signed a deal to acquire a 75 percent stake in Greek state-owned insurer Ethniki in a transaction valuing the business at EUR958mn ($1.09bn).

Adam McNestrie, 29 June 2017
Nexus agrees to buy marine cargo MGA from Aquila

Expansive MGA Nexus Underwriting has acquired Vectura Underwriting, a Lloyd's coverholder and marine cargo specialist, from Aquila Underwriting.

Charlie Thomas, 29 June 2017
Axis takes primary casualty writer from Western World

Axis Capital’s insurance division has taken on Jim DeSimone to lead its primary casualty business in the northeast and Midwest regions of the US

Dan Ascher, 29 June 2017
CNA appoints tech underwriter

CNA has hired Zurich’s Gregg Fergot to lead underwriting in its technology segment, the Chicago, Illinois-based insurer has revealed

Dan Ascher, 29 June 2017
Personal auto to contribute to 2017 US P&C loss

Rising personal auto losses will contribute to a second consecutive annual loss for the US P&C industry this year, according to S&P Global.

David Bull, 29 June 2017
PartnerRe’s P&C CEO to step down

PartnerRe's CEO of P&C Tad Walker is set to leave the firm early next year, the reinsurer announced in a statement today.

Dan Ascher, 29 June 2017
Duperreault signals shift from buybacks to acquisitions

Newly appointed AIG CEO Brian Duperreault has suggested he will redirect the company’s excess capital from share repurchases towards acquisitions if he can show them to be value-adding.

Iulia Ciutina, 29 June 2017

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