Commercial E&S
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Mike Mulray joins from Everest, where he was EVP president of North America insurance. -
The specialty insurer was recently acquired by Korean carrier DB Insurance.
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According to McKinsey, the projected spending on data centers is expected to hit $6.7tn by 2030.
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One of the options being explored is setting up a dedicated company for the wholesale vertical.
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Broker facilities and increased US domestic appetite are accelerating the softening.
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The ratings agency said underwriting-cycle management would be key going forward.
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James River also amended the convertible preferred equity held by Gallatin Point and closed its strategic review.
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London market carriers may be getting competitive, but that is not in itself a bad thing.
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The two senior positions will be based in London.
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It will offer additional capacity to WTW US property clients with a limit up to $25mn.
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James River will also oppose a Fleming motion to uncover additional documents.
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US-listed brokers and carriers have generally continued to produce strong growth even in a transitioning market.
