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Charlotte Macey started her career at CNA Hardy in 2008 and was most recently class manager for property D&F. -
The Hartford, Canopius, Newline, QBE, CNA Hardy, Travelers, Hamilton and Volante are participating in the facility.
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The syndicate exited the class in 2021 at a time when the Lloyd’s market was in the thick of its performance drive and Decile 10 exercise.
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The casualty-focused MGA was launched in March by Argenta deputy active underwriter and head of casualty Bradley Knight.
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Sources said that there was still rating adequacy in the market, but that further pricing falls would be unsustainable.
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Chief of IRS Criminal Investigation said Tysers had "eroded the process of fair and open competition".
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The bill removes a previous Farm Bill requirement mandating that carriers purchase unlimited catastrophic reinsurance. Instead, companies can purchase “adequate” catastrophic reinsurance.
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Social inflation continues to prove challenging in the casualty space and is rebounding post-Covid.
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Deans joins from CNA Hardy, where she was a property underwriter since 2010.
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The D&O market continues to soften, following several years of substantial rate increases.
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Aon-owned Mexican cat modeler ERN estimated Otis insured wind losses, excluding auto and infrastructure, at $1.2bn-$1.8bn.
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A-Star offers up to $80mn in additional capacity for D&O liability insurance.
