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Axa US names legacy chief

Axa US has promoted chief investment officer (CIO) and treasurer Josh Braverman to become head of its new legacy book business.

Catrin Shi, 24 March 2017
Casualty head Patten exits Novae

Novae's divisional head of casualty Bob Patten has left the business, The Insurance Insider can reveal.

Charlie Thomas, 24 March 2017
Opinion: a seller’s dilemma

Argenta's convoluted sales process provides a perfect example of the quandary which faces any owner looking to sell an asset.

Catrin Shi, 24 March 2017
AmTrust has Nasdaq warning after audit error

US property and casualty insurer AmTrust has had a warning notice from the Nasdaq stock exchange for failing to file its 2016 annual report on time.

Bernard Goyder, 24 March 2017
Aon fights to keep Alliant non-compete case in Chicago

Aon has attempted to shoot down a last ditch attempt by Alliant to move an embittered poaching dispute from a federal court in Illinois to California, where non-compete clauses carry less weight.

Dan Ascher, 24 March 2017
Assurant favours US flood programme multi-year extension

A reauthorisation of the National Flood Insurance Program should include provisions to bring more private carriers into the space and it should cover several years to avoid disrupting the programme and the US housing market, a key executive with a major flood underwriter said.

Ted Bunker, 23 March 2017
AJ Gallagher acquires Farallone Pacific

Arthur J Gallagher has bought its second regional broker in less than a week, as the US intermediary continues on its acquisitive path through the P&C mid-market sector.

Bernard Goyder, 23 March 2017
UK Supreme Court allows AIG Europe appeal on PI claims

The UK Supreme Court on Wednesday (22 March) handed a partial victory to AIG Europe in a three-year-old court case involving investors in Moroccan and Turkish holiday developments who are pursuing claims under a defunct law firm's professional indemnity (PI) insurance.

Laura Board, 23 March 2017
Chubb’s ceded premium to ABR Re jumps 150%

Chubb lifted reinsurance premiums ceded to its captive reinsurer ABR Re by 150 percent to $288mn in 2016, according to its annual filing.

Lucy Jones, 23 March 2017
UK cyber insurance penetration just 14% among SMEs

Cyber insurance penetration among UK small and medium-sized enterprises (SMEs) remains low, with just 13.7 percent of companies taking up the product last year, according to a report.

Catrin Shi, 23 March 2017

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