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Reinsurance

Ex-Guy Carp MD joins BMS board

Former Guy Carpenter managing director Philip Campbell has joined BMS as executive vice president of its US-based operations and a member of its US strategy board.

Zurich disposes of UK subsidiary

Zurich has announced that one of its non-core subsidiaries in the UK, Zurich Specialties London, will transfer its run off insurance business to Swiss Re at book value.

XL estimates US weather losses of $75m

XL Group has estimated that severe weather occurrences, including tornado activity, in the US in April and May caused losses of $50m to $75m, with the majority attributable to XL’s reinsurance segment.

JLT Re opens Swiss office

JLT Reinsurance Brokers has opened a new office in Basel, Switzerland following the acquisition of US Re's Basel based treaty reinsurance business portfolio and assets.

JLT Re opens Swiss office

JLT Reinsurance Brokers has opened a new office in Basel, Switzerland following the acquisition of US Re's Basel based treaty reinsurance business portfolio and assets.

Storm surge modelling in Germany

The German coastline suffers from storm risks on a regular basis but a lack of accurate storm modelling has meant property policies have not included cover. Edward Murray reports on how this may be set to change.

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