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The hotly anticipated judgment will be a milestone in the ongoing dispute about how carriers respond to Covid lockdown-related losses.
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It will be led by senior M&A lawyer Rob Faasen.
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The broker’s Clips survey also recorded a significant acceleration in property prices.
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The transaction covers casualty reserves for the 2009 to 2017 years of account.
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A New South Wales Supreme Court judge gives the go-ahead for the hearing to start on 2 October.
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The deal covers subject premium of around $2bn and will run for 18 months. -
The ex-Neon underwriter joins after a brief period heading up financial lines at Barents Re.
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Michael Lock is the latest appointment to the team led by Niraj Perera, who joined from AJ Gallagher in April.
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Delegated authority brokers are braced for the 1 January property binders renewal.
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Typhoon Haishen is following in the wake of the storm, and is currently forecast to approach South Korea at Cat 4 strength
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The trade body says unpaid premiums and excesses risk making policies unsustainable.
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The carrier will be actively targeting excess lines on US-listed placements, where capacity has been shrinking.
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