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  • Beazley hires XL Catlin’s FI CUO
    Gerard Bloom, XL Catlin's chief underwriting officer for financial institutions (FI), has resigned to take up a new role at Beazley, The Insurance Insider understands.
    11 July 2016
  • Axis bulks up capacity with Harrington launch
    Harrington Re will allow Axis to bring additional capacity to reinsurance buyers at a time when many see meaningful line size as a key differentiator in the sector.
    11 July 2016
  • Tullow flags losses of $345mn but Jubilee loss quantum uncertainty continues
    Tullow, the biggest joint venture partner on the loss-hit Jubilee oil field, has flagged potential losses and additional costs of up to $345mn from damage to the turret on the Kwame Nkrumah floating production, storage and offloading (FPSO) vessel.
    11 July 2016
  • Gen Re doubles TransRe North American capacity
    Hard-pressed reinsurers in the brokered North American market will soon have to compete with Berkshire Hathaway's Gen Re, which has signalled a willingness to write as much as or even more business than current top-10 player TransRe.
    11 July 2016
  • AIG opts against bigger energy QS buy
    American International Group (AIG) has confounded expectations in some quarters that it would increase a quota share cover to protect its upstream energy book at 1 July, The Insurance Insider understands.
    11 July 2016
  • Realpolitik to the rescue?
    Did I speak too soon last week when I wrote about how a UK departure from the EU meant that the loss of (re)insurance passporting rights into the European Economic Area and Switzerland was a political inevitability?
    11 July 2016
  • Liberty prepares to move to single global casualty cover
    Later this year Liberty Mutual will consolidate its outwards casualty reinsurance into a single global treaty, further eroding cessions that have already been dramatically reduced in recent years, The Insurance Insider can reveal.
    11 July 2016
  • Clapham to become Europe CEO at Dual
    Hyperion underwriting arm Dual has appointed Richard Clapham as regional CEO for Dual Europe and CEO of Dual UK, The Insurance Insider can reveal
    11 July 2016
  • French Insurance trade bodies merge
    Two of France's major insurance bodies have combined forces to create the French Federation of Insurance (FFA) (Fédération Française de l'Assurance)
    11 July 2016
  • Comparethemarket owner prepares IPO
    BGL Group, the owner of price comparison website Comparethemarket.com, is preparing for an IPO of the business by the beginning of next year.
    11 July 2016
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