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Wind season remains an important variable, but also might not change current dynamics significantly. -
Group CEO Tavaziva Madzinga said it might explore Lloyd’s Names backing in the future.
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Property rates declined by 7% globally in the second quarter.
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The property segment reported a CoR of 27.4% for the quarter, down 26.5 points year on year.
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The carrier reported preliminary profits of EUR2.1bn, driven by “very low” major-loss expenditure in P&C re.
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Laure Forgeron has worked at the Swiss carrier since 2009 in numerous senior positions.
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Peter Cordell will join Syndicate 1729 in January.
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Dual’s Luke Browne will join Consilium Risk Solutions.
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Last year, the firm obtained a Class 4 license in Bermuda.
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The executive previously held roles at Capgemini, The Hartford and AIG.
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The international casualty director has worked at Axa XL, Ive and Ardonagh.
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The LA wildfires accounted for 59% of loss activity over Q1.
