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Charlotte Pritchard is set to succeed Andrew Creed, effective 5 January. -
Several Lloyd’s syndicates are also now providing cover for the federal insurer.
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He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
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The transaction is subject to regulatory approval.
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The company had argued the judge missed key info when dismissing the case.
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China Taiping has been identified as the building owner’s insurer.
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An “extraordinary” proportion of storms reached Category 5 status this year.
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The executive argued that injunctions following team lifts were “the industry standard”.
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Fontana 2.0 will encompass a more flexible investment strategy than the 2022 vehicle.
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Court documents provide a window into the ambitious plans.
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Plus, the latest people moves and all the top news of the week.
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The London-based MGA will begin underwriting its international book next month.
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The venture will launch in early 2026 and include captives, ART, cyber ILS and specialty (re)insurance elements.
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The peril has been historically difficult to model compared to others.
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Habayeb will start next May following Kociancic's retirement.
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After a challenging period, the industry is now earning above its cost of capital.
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Senior Willis Re recruit Jim Summers denied Kevin Fisher had a role at the start-up.
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The Australian insurer is a major cat cedant and had hoped to set up a reinsurance syndicate.
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GC accused Willis, Lucy Clarke, Jim Summers and John Fletcher of unlawful recruitment.
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Carriers posted weaker top-line results but delivered improved combined ratios.
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The appointment follows Everest’s $2bn renewal rights sale of its commercial retail business to AIG.
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The French mutual is one of the first major 1.1 accounts to firm-order.
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Existing facilities and carrier partners will be transferring from K2.
