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UK brokers face FSCS levy

The UK's Financial Services Compensation Scheme (FSCS) will charge brokers an indicative levy of £19mn ($27mn) for 2016/17

Winifred Okocha, 20 January 2016
XL Catlin opens third Australian office

XL Catlin has opened a new office in Brisbane - its third in Australia

Charlie Thomas, 20 January 2016
Zurich shares plunge 9% on Q4 profit warning

Shares in Zurich Insurance Group slumped by almost 9 percent this morning (20 January) as shareholders reacted to the carrier's fourth-quarter profit warning

Catrin Shi, 20 January 2016
AIG split likely to be ratings negative: CreditSights

Analysts at bond research house CreditSights have warned that American International Group (AIG)'s credit ratings could be hit if it decides to de-conglomerate

Charlie Thomas, 20 January 2016
BMS hires cyber risk specialist

Specialist (re)insurance broker BMS Group has appointed Ryan Jones as director of cyber risk intelligence with immediate effect, it announced today (20 January)

Catrin Shi, 20 January 2016
Charles Taylor builds aviation team in Middle East

Loss adjuster Charles Taylor has appointed Richard Jackson as resident aviation surveyor and adjuster for its Middle Eastern aviation team in Dubai, it announced today (20 January).

Catrin Shi, 20 January 2016
Everest Specialty hires FI head

Everest Re has hired Charles Higham as vice president and leader of the Financial Institutions (FI) Group at its Everest Specialty Underwriters US FI and professional liability unit, the global carrier announced yesterday (19 January)

20 January 2016
Guy Carpenter appoints Benelux managing director

Guy Carpenter has hired Susanne Miller-van der Schild from Dutch bancassurer SNS Reaal as managing director of its Benelux operations.

Catrin Shi, 20 January 2016
JLT Re taps Cooper Gay to build marine team

JLT Re has hired Martin Stephenson to join its marine and energy team, the broker announced today (20 January)

Catrin Shi, 20 January 2016
Trio of UK storms to cause $275mn loss at Zurich

UK insurance group Zurich has announced that it expects aggregate losses of approximately $275mn within its Q4 results related to storms Desmond, Eva and Frank in the UK and Ireland.

Charlie Thomas, 20 January 2016

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