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She will work on preparations for the take-private deal with Sixth Street before departing. -
The deal values the business just under its closing price on Friday, at 0.97x book value.
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The property market remains “one of the most favourable... I've seen in my career", he said.
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The underwriter moves to the position from his current role leading property D&F.
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The executive replaces interim CEO Paul Brockman, who remains group COO.
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The biggest losses were from wind damage after the storm’s Texas landfall.
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Accounts with poor performance records are expected to see flat to 20% rate increases for cat coverage, according to Floridian broker Brown & Brown’s Q3 Market Trends report.
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Acquirers are increasingly discerning around deals, according to a report.
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Insurers' losses will likely be low and readily absorbed by their earnings.
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This publication has reported several exits from the carrier’s Lloyd’s operation.
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The specialty treaty market is preparing to deal with the fallout from the Baltimore bridge disaster.
