Allianz
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Plus the latest people moves and all the top news of the week. -
The carrier’s overall P&C combined ratio improved 0.1 points to 91.8%.
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Insurance Insider revealed earlier this week that the underwriter had resigned from Allianz.
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The Willis-brokered coverage also includes the Willis CyXS facility.
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New capacity continues to enter the hull market, and rates are falling.
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Insolvencies caused by the tariffs could also cause increased losses
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Newly appointed CEO Chris Jones also joins the board.
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Charles De Bar leaves Allianz after four years with the carrier.
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A positive outcome could significantly curb insurers’ exposure to the loss.
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A survey from the carrier looked at the political risk and violence concerns of companies.
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Allianz has previously entered several capacity arrangements with the MGA.
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