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As 2024 draws to a close, we reflect on the events of the year for the London market. -
Churn is expected to return to the market in 2025 as scrapping of older fleet accelerates.
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The IG said this year had been “more difficult” for the group’s reinsurance partners.
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David Hughes has a line size of A$10mn with a global mandate.
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The underwriter worked for Markel for a decade.
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The Aventum Group broker launched a cargo and stock throughput division earlier this year.
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Alexander Schlei will succeed Carsten Schulte in his former role.
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The underwriter most recently worked as head of hull and war for Travelers Syndicate 5000.
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Hannah Brooke joins the UK and Ireland team from HDI’s Belgium business.
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The cargo market has recently seen a string of moves as new carriers launch into the market.
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Marine and energy were the busiest lines, driven by high competition for talent.
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Guy Pierpoint will report to head of marine Phil Wheeler.
