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...Its president Kevin O’Donnell hailed the “additional scale” provided by the deal, which will cement the group’s place as one of the world’s largest property and casualty reinsurers....
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...He has also held roles at AIG Financial Products, Morgan Stanley, the IMF and the Reserve Bank of New Zealand....
...Yet shares of insurers such as Allstate, Progressive and AIG are down between 3 per cent and 22 per cent this year, while the S&P 500 has climbed 16 per cent....
...But the delay does nothing for battered confidence in a company that seems stuck in a never-ending turnaround....
...He has also held senior international positions with AIG Financial Products and Morgan Stanley, as well as assignments with the International Monetary Fund and the Reserve Bank of New Zealand....
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...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
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...Blue Sparrow missiles have “performed flawlessly in its missions so far”, according to its producer, Israeli defence company Rafael....
...He was the latest casualty in a years-long corruption crackdown led by Communist party secretary-general Nguyen Phu Trong....
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...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...But AIG says of this lot “comprises companies of a similar size and business model that draw from the same pool of talent as AIG”....
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