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The aviation market may prove an outlier following a disastrous year of loss activity. -
Despite high profile losses, there’s ample capacity in marine and aviation, while PV has seen healthy profits.
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The pair were offered contracts by Willis Re in July.
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CEO Thierry Léger also stressed his intention to repair the carrier’s relations with Covea.
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CEO Tom Wakefield said property cat supply is “materially outpacing demand”.
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Donna Swillman is currently a senior underwriter at Axa XL.
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Group CEO Mikio Okumura cited “solutions that have not been fulfilled”.
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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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