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Munich Re expects to hit 2017 profit target

Munich Re expects to meet an "ambitious" target of containing a profit decline this year to as little as 7 percent and no more than about 22 percent

Laura Board, 26 April 2017
Acquisitions often overpriced: Brown & Brown CEO

Brown & Brown CEO Powell Brown said the company may build on its near-$550mn cash pile, arguing in an earnings call that takeovers are often too expensive "to make sense"

Bernard Goyder, 26 April 2017
Berkshire Hathaway’s Jain pocketed $15mn in 2016

Warren Buffett's reinsurance chief Ajit Jain took home at least $15.3mn last year, according to filings obtained by The Insurance Insider

Dan Ascher, 26 April 2017
CCR hit with EUR400mn flood losses in 2016

French state reinsurer Caisse Centrale de Réassurance (CCR)'s loss ratio jumped 13 percentage points to 74 percent in 2016 after the carrier suffered EUR400mn ($436mn) from widespread flooding in France in early summer

Matthew Neill, 26 April 2017
Risk selection key in commercial auto: Berkley

Opportunities remain in commercial auto but risk selection is pivotal amid rising jury awards, according to WR Berkley CEO Robert Berkley

Charlie Thomas, 26 April 2017
Fidelis withdraws from M&A insurance

Fidelis has chosen to exit the M&A insurance market less than a year after it entered as a result of poor market conditions, The Insurance Insider understands.

Catrin Shi, 26 April 2017
Pen and Markel unveil equine capacity deal

Markel has agreed to provide £25mn of premium over the next three years for Pen Underwriting's equestrian products, the MGA announced today

Charlie Thomas, 26 April 2017
Ed names Plummer P&C chairman

Independent wholesale and specialty broker Ed has hired John Plummer as chairman of its P&C division, effective immediately, the company announced today.

Matthew Neill, 26 April 2017
Opinion: verticalised pricing

The more I reflect on it, the more it seems idiosyncratic for a regulator with a competition remit to come after the aviation insurance sector

Adam McNestrie, 26 April 2017
QBE hires former Prudential CRO Baxter

QBE has recruited Mark Baxter to be its chief risk officer in Australia and New Zealand, according to a statement from the carrier.

Bernard Goyder, 26 April 2017

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