Aerospace
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CEO John Fowle said “isolated missteps” had tarnished Atrium’s record. -
The capacity arrangement with LRA also remains in place.
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Returns on capacity reduced, forecast at 4.4%-14.4%, have settled at 4.6%.
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Plus, the latest people moves and all the top news of the week.
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CEO Andreas Berger addressed Swiss Re’s primary aviation exit.
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Insurers are moving to settle with airline lessors over Ukraine claims.
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Sources said that the firm was already preparing to drop the book before the spate of losses.
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Plus, the latest people moves and all the top news of the week.
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Q2 renewals will likely signal changes in the reinsurance market, the broker said.
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In tandem, it pegged its net cat loss estimate from California wildfires at $160mn-$190mn.
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Mark Costin previously held senior roles at Piiq and Marsh.
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