Atrium
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The Gallagher-placed programme is in focus as the aviation market tries to digest the implications of the Russia-Ukraine conflict.
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Atrium Underwriters has posted a combined ratio of 88% for 2021, with a strong underwriting performance driving profits up 24% to £68mn ($92mn).
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In his new role, Michael Cusition will report to David Sankey, head of Marine at Atrium.
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The market veteran is launching the business via Fidelis’s Pine Walk platform with $100mn of capacity.
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The appointment follows the departure of Atrium underwriters Richard Tomlin and Kelly Gallagher for Convex.
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