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The broker is in hiring mode in specialty after numerous brokers departed for Willis Re. -
The broker said it was achievable to place a $2bn vertical limit in the London market.
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He succeeds Felix Cassau, who is joining Hannover Re.
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A notable uptick in attendance underpins the value still placed on the iconic trading centre.
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Assurex’s global independent broker network pumps $4bn of premium into the London market.
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The insurer has substantially expanded its marine team in recent years.
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Rachel Sabbarton has been promoted to CEO at Lancashire Syndicates.
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The underwriter left Navium Marine last year and before that worked at Atrium.
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The move will impact around $50mn of gross written premiums in total.
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The broker said that there could be a flattening of rate decreases in the hull market in 2026.
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Arch will continue to provide long-term capacity for the MGA.
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The Canadian insurer saw property rates dip across its global divisions.
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