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Marcia loss estimate grows to A$53.4mn

The Insurance Council of Australia (ICA) has increased its loss estimate for Tropical Cyclone Marcia from A$33mn to A$53.4mn.

Charlie Thomas, 24 February 2015
JLT Specialty hires Marsh veteran Mahoney

JLT Specialty has appointed Timothy Mahoney as executive vice president and chief strategy officer

Charlie Thomas, 24 February 2015
CGSC North America makes three senior hires

Cooper Gay Swett & Crawford (CGSC) has made a series of appointments in its North American arm, the independent broker announced yesterday (23 February).

Winifred Okocha, 24 February 2015
QBE returns to profit for 2014

QBE returned to profit in its full year 2014 results as the Australian carrier highlighted improved underwriting and a stabilization of the prior-year reserving issues that have dogged its financials in recent reporting periods.

David Bull, 24 February 2015
The Insider 30

Share price data on The Insurance Insider's universe of P&C (re)insurers

23 February 2015
P&C stocks up again

P&C (re)insurance stocks traded up again last week, with The Insider 30 rising by 0.75 percent.

Jenny Messenger, 23 February 2015
PRA clarifies senior insurance managers’ regime

The UK's Prudential Regulation Authority (PRA) has today (23 February) announced further details on how it plans to hold senior insurance executives accountable under a new, stricter regime.

Jenny Messenger, 23 February 2015
Insurance Europe says capital standards aims are too ambitious

Lobbying body Insurance Europe has called on the International Association of Insurance Supervisors (IAIS) to take more time over the development of the global insurance capital standard (ICS).

Jenny Messenger, 23 February 2015
Proposed reinsurance tax changes could cost US $1.35bn

US thinktank the Tax Foundation has said that a provision in President Obama's proposed 2015 budget could reduce US GDP by $1.35bn and raise the cost of capital over the long term.

Jenny Messenger, 23 February 2015
Gracechurch report reveals London’s top claims teams

The claims teams at Ascot, Beazley and Argo Global are among the most improved in the London market, according to the latest research from consultants Gracechurch.

Charlie Thomas, 23 February 2015

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