Construction
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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
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Staff targeted include producers that channel business through Howden’s London wholesale arm.
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Group CEO Tavaziva Madzinga said it might explore Lloyd’s Names backing in the future.
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Rates continue to drop as capacity is ample, the broker said.
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The carrier is expanding its appetite for sustainable construction of large commercial buildings.
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The carrier has scaled up its international insurance offering in recent years.
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The changes are aimed at improving underwriting and operational performance.
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Chris Jones is the latest in a series of talent moves in the construction line.
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In Partnership With MarkelPrivate equity investors may not have the same timeline as the multi-year construction projects they’ve invested in, which could leave surety writers holding the keys if private equity walks away, said Mike Keimig, president and CEO of Markel Surety.
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Marsh alleges Aon also went after its clients as well as its employees.
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In Partnership With AXISAnna Woolley, Head of Construction for AXIS Global Markets, discusses how they’re tackling the challenges of mega projects, sustainability, and evolving risks in the construction insurance sector.
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Markel’s move follows recent market entrances by CinFin, Argenta and Fidelis.
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