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An interactive data tool from Swiss Re’s sigma team casts light on the need to continue to drive insurance penetration globally. 27 March 2014
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The Lloyd’s market achieved its best year since 2009, announcing a profit of £3.2 billion in 2013, despite poor investment returns and pressure on pricing. 26 March 2014
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Bermuda run-off acquirers, Catalina are buying SPARTA Insurance and intend to enter part of its business into run-off and to sell its alternative market business to Arch Insurance. 26 March 2014
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Swiss Re’s latest sigma report into global catastrophe losses has found that climate change will lead to changes in the frequency, intensity and duration of extreme weather events. 26 March 2014
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AXIS Capital has made three management changes, appointing a new chief operating officer, senior advisor and CEO of AXIS Insurance. 25 March 2014
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Allied World has made twelve appointments in Bermuda, a number of which were promotions, as the company continues to cement its reputation on the Island. 25 March 2014
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London Market Group chairman, Steve Hearn, says that he intends to arrest the London market’s global decline and explore those levers that will sustain and grow the capital’s influence in the global insurance marketplace. 25 March 2014
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Bermuda-based Hamilton Re has promoted Peter Skerlj to chief risk officer as the company continues to build an impressive team. 25 March 2014
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Bermuda-based Wilton Re is to be acquired by Canada Pension Plan Investment Board (CPPIB) for $1.8 billion, as the Canadian fund manager looks to develop its presence in the insurance space. 24 March 2014
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Deutsche Bank has indicated that the outlook for insurance industry M&A is positive, with all eyes on potential big-cap deals, even if mid-market transactions are likely to predominate. 24 March 2014
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