Brit
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Combined ratios have improved as prices rise and investments return to profit.
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The partnership will add more capacity on the platform from April.
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The carrier reported an undiscounted combined ratio of 76.2% for the year.
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The underwriter will report to Kristina Maffit.
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Brit Cyber First50 will be placed through the Brit-led consortium.
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The carrier booked a fourth-quarter combined ratio of 88.3%.
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The senior energy underwriter exited amid a strategic pivot at the MGA.
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The CEO speaks on portfolio remediation and the future of the lead-follow model.
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The executive’s career includes stints at Acappella and Amlin.
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The Build consortium will target sectors including renewables, power, waste to energy, infrastructure and innovation.
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The class exit comes after it emerged in November that Brit had withdrawn from the space market.
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The follow-only algorithmic syndicate has stamp capacity of $925mn for next year.
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