Interviews
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The Corporation’s CFO hailed profitable growth but warned syndicates to maintain discipline. -
Syndicate 1984 is set to begin underwriting next month.
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The company’s syndicate has booked an 87.4% combined ratio for 2024.
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The executive said MGA and broking start-up activity looked set to continue.
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CEO Alex Maloney said the LA fires might prompt some carriers to go more “risk-off”.
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The executive said the firm had to focus time and investment on the most meaningful projects.
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Ascot Underwriting CEO Ian Thompson, who took the helm last summer, discussed emerging headwinds.
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The executive said the company’s expanding capacity base would make it “more like a marketplace”.
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Good ESG practices are part of good risk management, the company said.
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Coverage restrictions in renewables are increasing risk for investors.
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The insurer will focus on UK regional growth and opportunities in cyber for the coming year.
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The executive said that the fragmentation of the European market has proved a barrier to entry in the past.
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