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It is understood that Marsh brokered the tower, which is exposed to claims from a 2024 breach. -
Plus, the latest people moves and all the top news of the week.
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The investment recovery will be welcome but Chinese tariffs will contribute to loss-cost inflation.
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The book of business comprises both personal and commercial lines.
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In January, 32 Acquinex transactional liability employees resigned for Howden’s underwriting arm, Dual.
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Softening in the upstream market has also accelerated beyond expectations.
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Trade credit and marine are among the lines facing direct impacts amid a broader inflationary challenge.
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Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
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The executive has taken up board positions after stepping down as CEO of Hannover Re.
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Despite a softening market, carriers still have belief in their profitability, sources said.
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The move was influenced by fierce competition in the domestic US D&O market.
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The IGH closure is bitter for employee investors left with nothing – but such investments are inherently risky.
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