Aspen
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Settle in for The Insurance Insider’s 12 days of Insurancemas.
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Trapped collateral after recent catastrophes could buttress pricing, the analysts say.
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PartnerRe will shut its DIFC branch, while Aspen Re has dropped fac business in the region.
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Tom Allen joined Channel in June 2016 to launch the cyber division.
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The Paris-based Helvetia subsidiary has acquired Aspen marine hull renewal rights and underwriters.
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Other significant reductions in this publication’s running SBF approval tally include Aspen 4711, Markel 3000 and Hiscox 33.
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Paul Lucas reports to Argo group chief actuary Bob Katzman.
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The Bermuda (re)insurer publishes new detail on the valuation methodology after a shareholder alleges misleading information about the Apollo offer. -
Market sources described a frenetic dynamic between underwriting leaders and followers in the verticalised market.
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Active underwriter David Dale says the casualty syndicate has clearance from Lloyd’s to lift stamp capacity by 6 percent next year.
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Harrell replaces Ed Beckwith at Syndicate 4711 as he adds to existing roles of head of international insurance and global head of marine.
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Although estimates for the Q3 disasters vary, in aggregate the events are likely to generate insured losses north of $10bn.
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