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The reshuffle follows the departure of board chair Tsuyoshi Nagano. -
Charlton joins specialist construction MGA from Consort Technical Underwriting Managers.
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Daniel Moruzzi joins from Ascot and Matthew Cope joins from Aon.
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The Palisades fire is estimated at $9bn-$12bn, while Eaton is $6bn-$8bn.
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Head of portfolio solutions Richard Palengat will lead the division.
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Outgoing chief Søren Scheuer will become a non-executive director.
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Investigators are homing in on the likely causes of the incidents.
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It has been a “good” bad renewal for cat reinsurers, with attachments likely to endure in the medium term.
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The carrier tapped the run-off market in Q4 for a US casualty insurance-focused portfolio.
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Moody’s also expects losses in the billions of dollars.
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Six wildfires are now burning in SoCal, with the Palisades fire being the largest.
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The broker partnered with Ukrainian carrier ARX and Lloyd’s Lab InsurTech FortuneGuard.
