Insurers
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Future claims handlers could be "bionic adjusters” empowered by technology. -
The London market is not expected to shoulder the bulk of the eventual loss.
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The new Lloyd’s chief of market performance also outlined target growth areas.
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The increased tariff on China trade could drive up the loss quantum on the SharkNinja recall and others.
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Jim Meakins is the latest in a slew of talent to exit from the syndicate.
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Corporates buying Lloyd’s syndicates face the culture/integration trade-off.
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The purchase aims to bolster Markel’s marine product line in the Asia-Pacific region and EU.
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The executive will remain CEO of reinsurance until 1 September.
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The $2.59bn renewal is up 45% from last year.
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Up to nine million acres of US land are considered likely to burn.
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The outgoing CEO said the market had been restored as a leader during his tenure.
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Frustration is growing around a promised independent operating model and staff reward.
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