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Group CEO Mikio Okumura cited “solutions that have not been fulfilled”. -
In trying to solve multiple needs, specialty reinsurance opens up complexities.
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The Lloyd’s carrier is expected to try to claim multiple times under the policy.
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The transaction is expected to have a price-to-earnings multiple of 11x.
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The medical professional liability firm is targeting further healthcare opportunities.
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The broker said the appointments are designed to drive growth.
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The company launched into the contingency market in the wake of the Covid-19 pandemic.
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Syndicate 1947 is gearing up to expand its marine reinsurance portfolio.
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The Cathal Carr-led carrier has been building its team since launching this year.
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The changes affect operations in Switzerland, Bermuda and the US.
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Phil Furlong has been made head of underwriting and oversight, a newly created role.
