Liberty Mutual
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Liberty recently restructured its UK and MENA underwriting leadership. -
Executives also agreed that facilitisation is a structural market change.
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Ed Louth will join Liberty next year after serving out his contractual duties at Willis.
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Matthew Hogg joined Liberty Specialty Markets in 2010.
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Reinsurer executives stressed that the industry worked hard on setting the right structure.
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The Berkshire subsidiary is seeking coverage for a $22mn antitrust loss.
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The underwriter has over 20 years' experience in the construction insurance sector.
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Robert James is set to join the Bassel Matta-led team.
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The underwriter was head of financial institutions at LSM for six years.
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The carrier agreed to acquire Liberty Mutual’s P&C firms in Thailand and Vietnam in March.
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Liberty Mutual, Allianz and Aviva previously had their appeals dismissed.
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He will succeed incumbent president Kadidja Sinz.
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Clients are increasingly using captives because of uncertainty around long-term capacity commitments.
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Niala Butt joins from CNA Hardy, where she was casualty claims manager.
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The carrier is launching a dedicated auto-follow unit within its DA practice.
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The executive criticised the ongoing underrepresentation of women in senior leadership roles.
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He expects the operational hygiene of MGAs to be tightened soon.
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Conflict between China and Taiwan would be a “game changer” for marine war.
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Two major claims have prompted underwriters to question the sustainability of double-digit rate decreases.
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The two Asian companies wrote $265mn net premiums in 2024.
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Last month, MGA Acquinex’s 20+ transactional risk team resigned for roles at Howden-owned MGA Dual.
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Insurers have paid $6.9bn in Southern California wildfire claims in the first four weeks of recovery.
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The offering will provide D&O, professional indemnity/errors and omissions, crime and cyber cover.
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The court will consider appeals against initial judgments that found in policyholders’ favour.
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Alex Nelson will work as head of power and renewable energy at the carrier.
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Liberty Mutual expects $550mn in Helene losses versus Milton’s $250mn-$350mn.
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Incumbent Mel O’Neill will retire at the end of the year.
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She replaces interim COO Kirk Maddern, who retires at the end of the year.
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Sources said LSM head of third party in Miami Humberto Pozo will serve as interim head of distribution.
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The LSM London COO and London reinsurance COO are due to depart.
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The executive has spent 35 years in the London market.
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Staff movement in energy has been more active than any other class of business this year.
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Julie Haase currently serves as COO of Liberty Mutual Investments.
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The executive said that more sophisticated use of data could optimise a portfolio.
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The flurry of London market PVT hiring continues.
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Daniel Fulco has spent nearly 12 years at LSM.
