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The London market is not expected to shoulder the bulk of the eventual loss. -
The man is alleged to have conspired with others to falsify LOCs and collateral letters.
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Plus, the latest people moves and all the top news of the week.
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The loss has decreased by 0.3% since the company’s third assessment.
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The new Lloyd’s chief of market performance also outlined target growth areas.
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The merger is on track to close in H2 2025, CEO Pat Gallagher said.
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The number has expanded by around 40% from an earlier update, sources said.
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Saul Nagus is the latest from Marsh’s aviation unit to join WTW.
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The modeller said the insurance market could be exposed to unexpected aggregations.
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The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.
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The increased tariff on China trade could drive up the loss quantum on the SharkNinja recall and others.
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Jim Meakins is the latest in a slew of talent to exit from the syndicate.
