Interview
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The executive was speaking on the Behind the Headlines podcast.
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The unit will target Northern European M&A within the next six months.
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The MGU is exploring additional third-party capital relationships.
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Vivek Syal will become CUO of Tokio Marine Kiln in April.
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As the interim CEO prepares to hand on the role, a major restructure is ahead.
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Existing taxes could be lowered under a potential new structure.
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The Bermudian posted 18.5% top line growth in its first year as a public company.
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Continued geopolitical and climate uncertainty will hold up pricing.
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Lloyd’s is now an attractive environment for entrepreneurs, the CEO said.
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The firm’s growth focus for 2024 will be in property D&F.
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The LMG chair also discussed the need for tailored regulations.
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The executive said that adequate rates were encouraging insurers to grow.
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