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Newline Group's London head of commercial directors' and officers' (D&O) business and its head of financial lines have both left the company, according to market sources.
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Who would be a D&O underwriter?
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The London directors' and officers' (D&O) market is facing a claim of around $26mn following a settlement by Australian law firm Slater and Gordon with its shareholders.
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The reinsurance community is expecting further demand for adverse development covers (ADCs) as a combination of soft market conditions, low interest rates and reserve adequacy concerns pushes carriers to scrutinise their back books.
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Sirius Group has confirmed the appointment of former QBE Re executive Erik Soria as vice president for casualty reinsurance business written by its Bermuda platform.
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Markel International has hired Indian insurance veteran Deepika Mathur to lead its forthcoming venture on the Lloyd's India platform
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London-based broker Ed has appointed Roshan Choolhun as divisional director of accident and health (A&H) and contingency business, with a focus on the Middle East, Africa and Asia.
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As little as 7 percent of economic losses could be covered by insurance after a global cyber attack, according to new modelled scenarios from Lloyd's and cyber modelling and analytics firm Cyence.
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Chubb has appointed Bill Rabl as head of its North American casualty unit, in a re-shuffle of the division's senior leadership.
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Bernstein analysts have highlighted looming reserving issues in pockets of the European reinsurance sector, drawing attention to a “red flag” at Swiss Re.
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The UK Prudential Regulation Authority (PRA) has said it expects all firms operating under the Solvency II regime to give "specific consideration" to their management of "silent" cyber exposures
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Willis Re's 1st View report on the June and July renewals provided further evidence that the property catastrophe market is yet to reach an inflection point on pricing