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The scheme has been pushed back by three months to 31 March 2025. -
TSR anticipates that next year will see an ACE value of 129 compared with the 30-year norm of 122.
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James Drinkwater is to serve as vice chair and executive chairman at Amwins Global Risks.
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James Irvine will report to Cathal Carr, CEO and active underwriter of Oak syndicate 2843.
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The movers include former line underwriter for major property D&F, James Robertson.
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The carrier attributed the intensification of storms this season to climate change.
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CEO Mario Greco said his future retirement had nothing to do with bringing the plan forward.
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The company is on track to exceed its targets for 2023-25 one year ahead of schedule.
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Claims at 9M were 15% higher than the same period in 2023.
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The floods add to an already historic loss tally for Canada in 2024.
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Helene losses were spread wider than initially suggested, in contrast to Milton claims.
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Hannover Re’s CEO said the market had been disciplined.
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