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Pro Global returns to profit

Pro Global, the UK-listed outsourcing firm that demerged from struggling legacy carrier Tawa last year, returned to profit last year with a modest operating surplus.

Charlie Thomas, 31 March 2015
WR Berkley merges US treaty and fac operations

WR Berkley has combined its US broker market treaty and facultative operations into a single operating unit and reshuffled senior reinsurance management.

David Bull, 30 March 2015
Peter Smith named Liberty active underwriter in reshuffle

Liberty Specialty Markets (LSM) has announced a raft of senior management changes, including the promotion of Peter Smith to active underwriter of the group's Syndicate 4472

30 March 2015
Vanuatu to receive $1.9mn payout

Vanuatu will receive a $1.9mn payout from the parametric group insurance scheme the Pacific Catastrophe Risk Insurance Pilot

Fiona Robertson, 30 March 2015
Beazley-Korean Re quota share confirmed

The reciprocal share agreement between Beazley and Korean Re was confirmed today (30 March) more than three months after it was first revealed by The Insurance Insider

Dan Ascher, 30 March 2015
Fosun readies $2.4bn insurance acquisition war chest

Chinese conglomerate Fosun International is in exclusive negotiations to spend at least $2.4bn acquiring five insurers, according to its CEO Liang Xinjun

30 March 2015
AGCS appoints cyber risk consultant

Allianz Global Corporate & Specialty (AGCS) has hired Rishi Baviskar as its first cyber risk consultant, the firm announced today (30 March)

Jenny Messenger, 30 March 2015
PwC finds aggressive practice as Quindell legal sale announced

Embattled UK insurance and legal services provider Quindell today (30 March) published some early findings from PwC's independent review of the company and announced a deal to sell its professional services division to Australian law firm Slater and Gordon for £637mn.

Charlie Thomas, 30 March 2015
Product line appointments favour XL staff in Catlin takeover

XL and Catlin have told staff about more than 40 new appointments that will come into effect once the $4.2bn takeover deal agreed early this year closes, The Insurance Insider understands.

Adam McNestrie, 27 March 2015
ERS hires former ProSight chief risk officer

Lloyd's motor insurer ERS has hired Ryan Warren in the new role of chief risk officer, The Insurance Insider can reveal

Jenny Messenger, 27 March 2015

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