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Markel to buy $250mn surety carrier

Markel has continued to show its acquisitive side with a $250mn deal to buy SureTec Financial Corp, one of the largest privately held surety carriers in the US.

Dan Ascher, 02 February 2017
Willis appoints Ross as head of Finex NA

Willis Towers Watson has named Ken Ross as head of its Finex North America business, the management liability specialty group that sits in the firm’s corporate risk and broking segment.

David Bull, 02 February 2017
Greenberg hearing set again as settlement talks drag on

This year is yet to see a court hearing in the fraud trial of former AIG boss Maurice “Hank” Greenberg as settlement talks continue, The Insurance Insider understands.

Dan Ascher, 02 February 2017
Chubb shares down 2.5% as analyst questions beat

Shares in Chubb were down by 2.5 percent in intraday trading despite the company achieving a comfortable beat last night when it reported operating income of $1.28bn for the fourth quarter.

Dan Ascher, 02 February 2017
Insurers join environmentalists calling for NFIP change

Incorporating better risk models and market-based pricing could help make the deeply indebted US National Flood Insurance Program (NFIP) more financially sustainable, an advocacy group backed by some big insurers said today in Washington.

Ted Bunker, 01 February 2017
Speare-Cole exits Qatar Re

Alastair Speare-Cole, chief underwriting officer at Qatar Re, is to leave the company, The Insurance Insider can reveal.

Charlie Thomas, 01 February 2017
Zurich names UK specialty and casualty heads

Zurich has made Steve Watson head of its UK specialty lines division as it continues to make senior appointments following a wider restructure at its UK operations, The Insurance Insider understands

Adam McNestrie, 01 February 2017
RLI made Q4 retreat from RV business

Specialty insurer RLI Corp said it had put a recreational vehicle business with premium of about $12mn into run-off in the fourth quarter

Laura Board, 01 February 2017
Allied World CIO leaves

Allied World chief investment officer John Gauthier has left the company, the carrier said in a US Securities and Exchange Commission filing.

Catrin Shi, 01 February 2017
Ed appoints Perry to CFO role

Rebranded London market broker Ed has hired Neil Perry from Willis Towers Watson to become group CFO, it announced today

Catrin Shi, 01 February 2017

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