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Based in London, the executive will report to Ocean Re CUO Jamie Wakeling.
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Regulation is one of the driving forces for most small brokers to sell.
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Axa XL has also added Fidelis’ Jamie Cann to its aviation team.
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The former Everest executive will look to roll out a range of new product lines at the heavyweight MGA.
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The marine carrier reported a ‘benign’ P&I claims environment.
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The CEO said Scor is still on track to hit a full-year 87% combined ratio.
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A rundown of the main stories of the week.
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The executive said that the Corporation had received net exposure figures for the loss from all syndicates.
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Proposals will be put to the Lloyd’s Council over the coming weeks to take effect from 2025.
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The Lloyd’s chief of markets said he was generally comfortable with market fundamentals.
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The business will be supported by up to $200mn of Lloyd’s and London underwriting capacity.
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