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Lloyd's broker AFL has appointed Alex Mott as the director of a new commercial marine division.
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Carriers on the reinsurance programme of the International Group (IG) have narrowly averted a pay-out after reserves for pollution claims arising from the loss of the Sanchi oil tanker were set below $100mn.
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Lloyd's has instructed all managing agents to cease writing existing European binding authority business through usual means by 31 December 2018, as the corporation prepares to move business to the Lloyd's Brussels platform.
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The Lloyd's Market Association has added three members to its marine committee following a ballot of managing agents.
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PartnerRe has signed a renewal rights deal with Ark Syndicate 3902 for its roughly $60mn upstream energy insurance book after taking the decision to exit the market.
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The Lloyd's Market Association has added three members to its marine committee following a ballot of managing agents.
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Claims administration provider Charles Taylor TPA has acquired marine claims management provider Aasgard Summit Management Services.
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Claims administration provider Charles Taylor TPA has acquired marine claims management provider Aasgard Summit Management Services.
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Energy risks in the Middle East performed better compared with other geographies last year, according to a report from Marsh today.
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Axa's ratings have been placed under review with negative implications by Moody's, S&P Global Ratings and Fitch Ratings on the heels of the carrier's deal to buy XL Group for $15.3bn.
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The International Group (IG) of protection and indemnity (P&I) clubs has confirmed it is tendering for a broker to place its reinsurance programme.
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XL Catlin has hired Nicola Harris from Allianz Global Corporate & Specialty as its head of energy for Europe, Middle East and Africa.
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