Excess casualty
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The executive replaces Mike Warwicker, who left the firm earlier this year.
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This will allow Ark to write business on surplus line paper and Lloyd’s business.
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The facility provides up to $100mn in claims-made excess casualty coverage.
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London-based US excess casualty writers are increasingly looking to attach lower in the tower.
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Newer swing products offer an alternative way to deal with escalating awards.