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CFO John Parry, who joined the firm last year after holding the same role at Lloyd’s, will become interim CEO. -
The carriers claim in a lawsuit that Maiden wrongfully stopped paying claims in late 2018.
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The stock-performance-related plan comes as the carrier extends Dominic Silvester's contract, and those of the president and COO, by three years.
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Legacy specialist continues expansion with first Montana captive.
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The legacy carrier is understood to be looking for a replacement with public sector experience.
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The syndicate is being positioned as an entry point to the RITC market at Lloyd’s.
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The Pine Brook founder (pictured) becomes deputy chairman immediately and will take the chairman's role in about a year's time.
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The board strengthening follows Catalina's agreement last year to buy Asia Capital Re
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The deal will result in a $280mn gain for parent Fairfax.
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The German insurer finally concludes the sale 18 months after it first brought the legacy portfolio to market.
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The Gibraltar entity's losses are understood to stem primarily from its relationship with collapsed NZ carrier CBL.
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The live carrier will cease writing business with immediate effect and become a platform for the legacy acquirer's Asian run-off expansion.
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