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The company was hit with a data breach on July 16. -
Plus, the latest people moves and all the top news of the week.
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Top line grew across all carriers even as pre-tax profits dipped.
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The move is a retaliation to Howden’s US retail launch.
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Besides Russia-Ukraine losses, the Air India crash losses totaled $26mn.
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The broker has been on an aggressive hiring spree overseen by Lucy Clarke.
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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
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Matthew Budd has over 30 years’ claims experience and previously worked for Talbot and XL.
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The CEO said the carrier will prioritise margin over top-line growth.
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The lawsuit is the latest development in the multi-billion dollar reinsurance scandal.
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Nat-cat events triggered A$1.36bn of losses during the year.
