Excess casualty
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Last year, the firm obtained a Class 4 license in Bermuda. -
The executive brings nearly 30 years of liability experience to the role.
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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.
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