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Only 5 percent of EEA business is thought to currently be subject to multiple bids.
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The carrier said gross losses already totalled about $150mn.
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The US Senate is expected to pass a bill from the House of Representatives through.
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The executive will set up a financial and professional lines unit.
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Improved pricing and strong industry capital have led to Fitch to revise its outlook on the US P&C sector to stable.
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That figure is?nearly double the $2.03bn in claims registered with the Floridian regulator through the end of October.
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Even the best-laid plans rarely survive the briefest of exposures to harsh reality. Insurance is a case in point.
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Watson becomes class underwriter for property treaty.
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Vincent Flood and John Murbach become chief broking officer and COO respectively at Aon’s US national property division.
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The move pushes the NFIP’s expiration to 7 December.
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The executive will take up the new role after working his notice.
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Industry experts said it is unlikely the program will lapse come 30 November.