Amwins
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The firm pulls in about $30mn in revenue and $215mn in controlled premium, according to industry sources.
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Overall pricing will likely stay flat despite carriers’ attempts to get increases of 5 percent. -
The appointment signals an intensified focus on supporting UK retail intermediaries, the broker says.
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The businesses will write on Argo paper.
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The former CEO for North America for Swiss Re Corporate Solutions will oversee 11 operating companies.
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Ko Bertelkamp joins the AmWins-owned broker as it expands on the continent.
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Odyssey Re CEO Brian Young says the segment “is not priced to perform”.
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Total payouts to investors over the past six years hit $615mn.
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Earthquake capacity continues to grow and is now at an all-time high, seeing the same ugly pricing as elsewhere in the property sector, according to AmWins.
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The launch follows RSG’s creation of a reinsurance MGU.
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Two executives join from LV=Broker to run the small business unit.
