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Demand and growth opportunities remain ample despite competitive pressures. -
The executive previously held roles at Capgemini, The Hartford and AIG.
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The cyber business will continue to operate as a standalone entity.
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Carriers expect a rise in the severity and frequency of claims over the next two years.
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The aerospace, energy and marine markets all sustained multiple significant losses in H1.
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There has been an uptick in UK retail firms buying cyber after a string of attacks.
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Is the ransomware threat really getting worse – or just more visible?
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Property rates are coming under further pressure, while liability is being buoyed by ongoing challenging loss trends.
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The facility, backed by six global cyber insurers, offers limits of as much as EUR5mn.
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The firm believes UK support for policyholders is under-served compared with the US.
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