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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese. -
Staff targeted include producers that channel business through Howden’s London wholesale arm.
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Sources said MarshBerry is advising the underwriter.
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Tokio Marine GX was launched in May to offer coverage for companies looking to decarbonise.
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The carrier has appointed Roberts Proskovics as renewable energy risk management head.
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The latest hires follow Rob Hale’s move to Willis.
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The broker made several senior energy hires from Marsh last year.
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The executive has spent 13 years in the broker’s marine division.
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Plus, the latest people moves and all the top news of the week.
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The MGA will write natural resources professional liability business.
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Renewable energy premium written in London and international markets amounts to $2bn.
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Sources said the downstream energy market is unlikely to turn a profit in 2025.
