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Navigators hires former Chubb execs for Asian team

Insurer Navigators has named three former Chubb executives to lead a push into the North Asian markets for marine, casualty and other specialty products.

Laura Board, 05 January 2017
Alliant hires Marsh renewable energy specialist Parikos

Marsh renewable energy specialist Dimitrios Parikos has left the broking giant for rival retailer Alliant to help the California company build up its business in the sector.

Ted Bunker, 04 January 2017
Delta Lloyd’s reinsurance book goes into run-off

Dutch carrier Delta Lloyd's EUR60mn ($62.6mn) reinsurance book has officially gone into run-off.

Dan Ascher, 04 January 2017
Insured nat cat 2016 losses total $50bn: Munich Re

Earthquakes and powerful storms contributed to making 2016 the worst year for insured losses since 2012, according to Munich Re

Charlie Thomas, 04 January 2017
25 reinsurers on $1bn Fema flood deal

The US Federal Emergency Management Agency (Fema) said that 25 reinsurers had provided cover for its $1.04bn flood reinsurance treaty for 2017, which is the organisation's first major placement

Fiona Robertson, 04 January 2017
Zurich strategy chief Gienal resigns

Zurich's group chief strategy officer Claudio Gienal, one of the chief architects of the carrier's turnaround programme, has left the company less than 10 months after taking up the role.

Laura Board, 04 January 2017
Swiss Re Corporate Solutions appoints Middle East head

Swiss Re's insurance arm has promoted Falk Schmaler to head of Middle East and North Africa (Mena)

Dan Ascher, 04 January 2017
IAG lifts multi-year cover on A$7bn cat treaty

IAG said it had sourced more multi-year reinsurance this year as it renewed its A$6.75bn ($5.1bn) excess A$250mn catastrophe treaty for 2017.

Lucy Jones, 04 January 2017
BGC Partners buys Besso

BGC Partners has agreed to acquire 100 percent of Besso in a deal which values the independent London broker at £70.5mn ($86.6mn).

Catrin Shi, 04 January 2017
Hartford-Berkshire deal signals A&E claims are not slowing

The Hartford's deal with a Berkshire Hathaway unit for aggregate excess-of-loss reinsurance on asbestos claims may signal that the US carrier sees no slackening in the pace of those losses in the years ahead.

Ted Bunker, 04 January 2017

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