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  • Canopius, the international specialty arm of Japanese big three insurer Sompo, has hired Francis Lobo from XL Catlin, The Insurance Insider can reveal.
  • UK general insurer Aviva has made two key hires from the property teams of rival insurers to boost its corporate and specialty risk division.
  • Brendan McManus has been unveiled as the new CEO for Chris Giles-backed start-up broker PIB.
  • Capsicum Re is to enter the accident and health (A&H) and programme market later this year after hiring Guy Carpenter managing director Andrew Moss, The Insurance Insider can reveal.
  • Former QBE underwriter Ash Bathia, who has backing from Panamanian (re)insurer Istmo Re, has secured in-principle approval to launch a new syndicate at Lloyd's with third-party managing agency Capita, The Insurance Insider can reveal.
  • Donald Trump can be an acquired taste. After all, when he is not litigating, filing Chapter 11 proceedings or property developing, he can often be seen on television dismissing another Apprentice aspirant with his mean-spirited catch phrase, "you're fired".
  • Venezuelan state energy company PDvsa again kept the market on its toes as it switched some of the brokers on its panel and contemplated an 11th hour change of the others, The Insurance Insider has learned.
  • Rates in the upstream energy insurance market are plummeting by 20-30 percent - in excess of even the biggest falls seen in the property cat reinsurance market over the last two years, The Insurance Insider can reveal.
  • The industry taskforce established to bring insurance-linked securities (ILS) business to London has named its inaugural members following the first meeting with Treasury representatives, which took place on 5 June.
  • Hyperion-owned managing general agency Dual has launched M&A liability insurance operations in Frankfurt and London, the firm said today (8 June)