Chaucer
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The marine specialty unit will include marine PI and transport logistics and freight forwarder business.
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Demand is growing for insurance capacity to cover less carbon-intensive energy sources.
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Political risks and contract frustration coverage will now be available alongside the original political violence offering.
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Specialty (re)insurer Chaucer has appointed Xamira Groves as its new head of insurance, where she will work closely with the group’s syndicates to expand global market share across multiple P&C lines.
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Markel, Beazley, Hiscox, Chaucer, Brit and Liberty Specialty Markets are all participants in the product development.
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The consortium, created with China Re, will later expand to include other lines of business.
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The marine, energy and aviation chief will work as deputy active underwriter until the end of the year.
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The Chaucer CEO on international expansion, casualty reserving and the long road to price adequacy.
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The insurer is to occupy three floors in the tower, taking up 44,000 square feet of office space.
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The local underwriting head steps up to run the Irish operation.
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Ben Goldsmith was a political violence underwriter for just over two years and before was a vice president at Bowring Marsh.
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Insider Deborah Wyatt takes his place, while Neil Edwards assumes the deputy head role.
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