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Insurers reveal Thai flood losses

Bermuda-based Arch Capital Group has said it expects the company’s 2011 fourth quarter results to be negatively impacted by the severe flooding in Thailand.

XL gets green light for Brazilian insurance company

XL Group has announced that it has received final approval from the Brazilian insurance and reinsurance regulator, Superintendencia de Seguros Privados, to establish an insurance operation in the country.

Catlin works on maritime risk reduction

Insurer Catlin has linked up with risk management firms Drum Cussac and Compass Risk Management to boost the services it offers to shipping clients with hijack, kidnap, extortion and wrongful detention exposures.

Catlin hires new admin officer

Insurer Catlin has announced that Swiss Re’s Adrian Spieler will join in February as group chief administrative officer.

XL names new head of insurance

Greg Hendrick will become chief executive of XL Group’s insurance segment upon the retirement of current insurance head Dave Duclos.

Underwriting Service Awards 2011

The second annual Underwriting Service Awards ceremony took place at the Oval cricket ground, London, with more than 250 underwriters in attendance. The winners were determined by the feedback and views of intermediaries, who place risks on behalf of…

Editor's comment: Knowledge swap shop

The first of many: that appears to be the over-riding theme of this week’s insurance market developments. First we had the groundbreaking strategic partnership struck between Catlin and China Re, in a move both parties expect will prove extremely…

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