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We take a look at the outgoing CEO’s performance as he prepares to handover to CorSo CEO Andreas Berger. -
Ariel and Blenheim were among eight syndicates moving into top underwriting quartile in 2023.
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Work is still to be done on the investor proposition, expenses, and navigating a waning pricing cycle.
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A claim on that scale would test the market in ways it has never seen.
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AI was the hot topic throughout the InsurTech Insights event.
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There is frustration in the market that remediation work has been squandered.
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Hard-won profitability has given carriers room to salt away reserves.
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Sources cited numerous issues with how collateral protection insurance was designed.
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Hiscox, Beazley and Lancashire all delivered one-off capital returns while swerving casualty issues.
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DDM is due to be removed as a core central service on 13 September.
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On average, risks are being placed in a range of flat to up 5%.
