Liberty Mutual
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The new hire joins from Axa XL, with a background at Hiscox. -
There have been numerous exits and entries in the class following major Covid-19 losses.
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Plus this week’s Q1 results and all the top news of the week.
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The executive will be replaced by current deputy Phil Hobbs.
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Alli MacLean will take on the expanded role following the exit of contingency chief Yael Mimran.
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The carrier is the latest in the Lloyd’s market to post a substantially improved combined ratio in 2021.
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Paul Beattie will take up his new role in addition to his existing one as head of underwriting for marine niche products.
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The carrier continues to write the class from other global hubs.
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The firm has promoted Huw Owens to CUO and Sam Wilde to head of London markets in its financial risk solutions division.
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Liberty is one of the major leaders in the London contingency market, which was hit by large Covid-19 losses.
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The Willis solution is designed to help companies access insurance as they transition to a low-carbon business model.
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Insurers MS Amlin, Liberty Mutual and Zurich claim that the BI policy has a maximum limit of £17.5mn.
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