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The investor has paid in an extra £12.5mn for an additional 5% holding. -
Gabrielle Folliard has worked at Canopius since 2019.
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Former PWC partner Tom Brown has been named interim CFO.
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The Goldman Sachs-backed broker will buy out BP Marsh’s stake.
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Over the period, the Spanish carrier’s reinsurance segment expanded profit by almost 10% year on year.
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Insured losses for 9M 2024 have hit $102bn, according to a report.
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The MGA said there was a “notable imbalance” between supply and risk exposure in the D&O space.
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The executive will take up her role on 1 January 2025.
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Beazley leads the first $100mn layer of the programme, while Tokio Marine HCC leads the second on the Alesco-placed cover.
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Overall, insurance rates fell by 1%, led by competition in property.
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Risk managers are increasingly concerned about insurability.
