Liberty Mutual
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The group has promoted Defne Turkes to COO of its new international insurance unit.
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The product was made through a partnership with technology provider Safehub.
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The underwriting loss came in at £88mn, as reserve strengthening reached £189mn.
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Talbot is rebuilding its PV team after a December Ark and Chaucer raid.
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The company provides reinsurance to insurers in LatAm and the Caribbean.
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He will report jointly to Melanie O’Neill and Ronald Bolaños.
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The court gave a mixed ruling on subjects including coverage, aggregation and furlough.
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The executives join as representatives of the Lloyd’s Market Association and International Underwriting Association.
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In his new role Bolaños will report to both Matthew Moore, Liberty Global Risk Solutions (GRS) president of underwriting, and to Phil Hobbs, LSM president and MD.
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The global segment leader for power generation moves to Tokio Marine HCC soon after his colleague Nicola Hannay.
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He replaces Mark Stephenson, who is leaving Liberty to join Ardonagh.
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The underwriter will work with product leaders across regions to deliver a global product offering for international clients.
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The underwriter will work in the retail property team at BHSI serving the central region.
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Competition for talent has led to high levels of staff displacement in the marine hull market.
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There is an increasing focus in the casualty reinsurance space on social inflation and litigation funding trends.
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Liberty GTS noted a fall in the proportion of R&W notifications where the potential loss exceeds the retention in the last 12 months as compared to the preceding 12 months.
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The eight-day trial will look at prevention of access wordings, policy limits and furlough payments.
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Staff movement in the marine class exceeds that in all other lines of business.
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ESG targets and the growth trajectory of renewables is attracting capacity to the class of business.
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The appointment comes just over two years after Sompo International entered the political violence and terrorism market.
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The company also announced that Asia retail markets will join global risk solutions and that it was launching its enterprise transformation and solutions unit.
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The business development and market relationships head will join the Ron Hayes-led unit, focusing on specialty.
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The carrier has hired Melanie Mason from Liberty Mutual to replace Lisa Wolfe as property underwriting manager in Canada.
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