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Aramco does not buy standalone political violence cover, but some energy policies may have contingent business interruption losses. -
Enoizi says the scheme is examining its business model ahead of a 2020 UK government review.
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The poll suggests the backstop scheme trigger threshold will not need to rise when the programme renews.
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The protection, which is led by Liberty Specialty Markets, comes after the state pool's remit was extended earlier this year.
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The team will be headed by Alistair Fox, former COO of JLT’s credit, political and security risk arm.
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The broker testified in Congress in support of the renewal of the Terrorism Risk Insurance Program Reauthorization Act.
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Stephen Catlin and Paul Brand’s start-up continues to build out with arrival of the segment leader from StarStone.
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The new unit will be based in Dubai and headed up by former Travelers senior underwriter Robert Rider.
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The partners want to increase the take-up of insurance among SMEs.
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The MGA has hired Becky Steel and Dan Moorcraft to launch the new product.
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AM Best says it will actively monitor exposure to US terrorism risk starting in mid-2019.
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Market sources anticipate a claim of more than $7.5mn for the Shangri La Hotel.
