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Punch to become Asia Pacific MD at JLT Re

Stephen Punch is to join JLT Re as managing director of Asia Pacific for regional clients and retrocession, the broker announced yesterday

Charlie Thomas, 25 October 2016
Robusto set to take over as CNA leader in November

CNA Financial has announced that Dino Robusto will take over as chairman and CEO of the firm on 21 November, replacing the retiring Thomas Motamed.

25 October 2016
Heintz to leave Allianz Re for Exin Re

Thomas Heintz, head of global agriculture for Allianz Re in Zurich, is leaving to become head of crop reinsurance at Matt Fairfield's Exin Re, The Insurance Insider understands

Adam McNestrie, 25 October 2016
Everest Re 3Q profit surges as underwriting margins rebound

Everest Re reported after-tax operating profit of $273.2mn, or $6.53 per share for the quarter ended 30 September, up about 36 percent from the same period a year earlier as the insurer improved underwriting margins and increased its top line.

Ted Bunker, 25 October 2016
Matthew claims rise to $549mn in Florida

Hurricane Matthew-related claims climbed to $549mn in Florida, with most tied to residential property damage, official figures show.

Ted Bunker, 25 October 2016
ROE on homeowners insurance drops for first time since 2011

While top line growth in US homeowners insurance continued last year, the prospective return on equity (ROE) for the business line dropped for the first time since 2011, according to Aon Benfield.

David Bull, 25 October 2016
US P&C carriers struggling to generate underwriting profits: report

The majority of large US P&C insurers have failed to make money on underwriting over the past five accident years, with just 40 of the top 100 companies reporting such profits during the period, according to Guy Carpenter

Ted Bunker, 24 October 2016
Marsh in talks to acquire Bluefin: reports

Marsh is understood to be in discussions with Axa about buying the French insurer's UK broker network Bluefin

Charlie Thomas, 24 October 2016
Growth lies outside of traditional business: Munich Re

Developing technologies, rather than traditional market mechanisms, will be the future drivers of growth in the (re)insurance industry, according to Munich Re.

Matthew Neill, 24 October 2016
Aon hires FBI cyber expert Trainor

Aon Risk Solutions has hired James Trainor, leader of the cyber division at the US Federal Bureau of Investigation (FBI), as senior vice president of its cyber solutions group

Charlie Thomas, 24 October 2016

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