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The practice group will enhance the company’s existing offerings in E&S. -
The affirmations reflect Everest’s strong underwriting diversification.
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He was appointed CUO of casualty, Americas, in July last year.
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The new division will be led by Terry Fitzgerald, who has previously led the finpro portfolio.
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Models anticipate a busier second half, particularly in the next few weeks.
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The platform aims to “bend the loss curve”.
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The sector recorded total premiums written in London of £11.9bn in 2024
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Reinsurers and their cedants are feeling their books are in better shape, although the market is still uneven.
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The vehicle will provide a streamlined route for capital to its client MGAs.
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One of the options being explored is setting up a dedicated company for the wholesale vertical.
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Swiss Re forecasts more risk transferring to reinsurance and retro markets in the future.
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The carrier notified California regulators that it would stop renewing plans starting last month.
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