Axis Capital
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Lizabeth Zlatkus will join Axis’ board of directors effective 15 March.
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Repeated record wildfire losses have seen carriers scale back their offerings. -
Aside from the noise around elevated catastrophes and lacklustre renewals, Q4 underlying loss ratios continued to rise.
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Antares managing director Stephen Redmond will move into a role at parent QIC Group.
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Bob Quane will be based in New York and report to Eric Gesick, group CUO at Axis.
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Dual is to expand its political violence team.
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Jason Arbuckle will head up Axis Re’s Canada office.
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Jacqueline Spencer-Sim joins Pembroke from Axis.
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Reduced ILS capacity is impacting the sidecar and retro market in particular.
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Arch CEO Marc Grandisson takes on the deputy role at the Bermuda trade association.
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The company said its losses are consistent with industry insured losses of up to $20bn.
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About four-fifths of stocks in the index decline and none manages gains of more than 1 percent.
