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Carsten Thienel has left Ed and will join JLT Re Asia Pacific, based in Singapore. Thienel has experience in multiple asset classes, including ILS and retro. He will be reporting to Stuart Beatty, CEO of Asia Pacific, as well as Bradley Maltese, deputy CEO of UK and Europe
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Simon Gander, one of the most senior staff at Aon Benfield in London, will leave the reinsurance broker at the end of the year, The Insurance Insider reported
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Willis Re has hired Adam Schwebach from rival Guy Carpenter, where he was a senior vice president, sister title The Insurance Insider revealed
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The Blockchain Insurance Industry Initiative (B3i) has begun market testing its smart contract management prototype for property cat excess-of-loss (XoL) contracts this month, as 23 new members join the collaboration
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CRC facility launch; QBE exhausts agg; HSCM partnerships...
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Departing Willis Re global CEO John Cavanagh has linked up with ex-Ariel CEO Tom Milligan at start-up Beat Capital, which will provide funding for MGA launches, sister publication The Insurance Insider reported
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US wholesale giant CRC Group has set up a follow-form distribution facility that will see alternative capital take on property insurance risks fronted by Liberty International Underwriters, sister publication The Insurance Insider revealed.
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Willis Re broker Henry Kingham has resigned and is expected to join ILS manager Aeolus, sources told sister publication The Insurance Insider
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The Canada Pension Plan Investment Board (CPPIB) will support Lloyd's insurer Ascot's plans to grow its newly launched managing general agency (MGA) platform, Ethos Specialty Insurance Services.
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Marsh facility Alternus is "willing to write virtually every property account of Marsh," according to Dan Glaser, CEO of Marsh & McLennan Companies.
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Nephila Capital has agreed a deal with a major US insurer to assume coastal exposure, broadening its access to primary risk, sister publication The Insurance Insider reported
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Alternative reinsurance growth; ILS rankings; Cyber loss potential; Egon loss estimates rise; Hannover Re fronting expansion; PIC reinsures £1bn longevity risk...