AIG
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Soon Keen Lee succeeds Mark Newman, Canopius’ new UK CEO.
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Talbot has lost a trio of PV underwriters to Ark in recent months.
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Its property cat aggregate cover renewed with improved coverage.
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Talbot is rebuilding its PV team after a December Ark and Chaucer raid.
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The incoming executive previously spent 17 years at AIG, most recently as head of financial lines for MENA.
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AIG leads the placement, WTW is the lead broker, with Marsh support, on the JAL account.
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Sources said the executive will join Mitsui Sumitomo in a leadership position based in Brazil.
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Getty was appointed to the role in December of last year, having joined Talbot as cyber and technology class underwriter in 2017.
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The broker’s global marine team services global premiums of $3.9bn across marine classes.
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The firm has also promoted Swee Keong Mah to CEO of Everest Insurance Singapore.
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The deal was announced in late May, with RenRe taking over AIG’s treaty business, including AlphaCat Managers, and all renewal rights to Talbot’s reinsurance treaty unit.
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The executive left the company in June following a period of medical leave.
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