Chubb
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The investor will manage a portion of the Bermudian’s assets. -
The market is taking its first proactive steps to resolve issues posed by the massive systemic exposures it is running.
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The resignations follow the exit of hull chief James May, who is joining Convex.
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David Kirk will oversee CGM’s marine portfolio underwritten in the London wholesale market.
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QBE Europe’s UK surety manager Tom Johnson is leaving the company and looks set to join Chubb, Insurance Insider can reveal.
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Shareholders approved a second proposal asking for a report detailing how Chubb is addressing greenhouse gas emissions.
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Plus this week’s Q1 results and all the top news of the week.
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The carrier split its specialty composite treaty into two contracts to get its programme home.
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The carrier has extended the limit to $1.275bn for the year to 31 March 2023.
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The figure was partially offset by $15mn of pre-tax unrealized gains, bringing a total net realized and unrealized loss of $58mn.
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Conditions for SPAC D&O are likely to remain turbulent, amid the heightened SEC scrutiny and uncertainty concerning claims resolution.
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The new lead underwriter has almost 30 years’ experience including stints at Chubb, Faraday and Howden.
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