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Of the 178 passengers and crew on board, no serious injuries have been reported. -
The property and specialty insurer reported underwriting profits of $131mn ($170mn).
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Lloyd’s hopes to protect healthy pricing, but focus is on broader structural market shifts.
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The Corporation said pricing within aviation was “almost certainly inadequate”.
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He also joined Everest’s board last week as an independent director.
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The syndicate reported an undiscounted net combined operating ratio of 77.9%.
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The broker said the list of perceived obstacles was “fairly damning” for insurers.
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The regulator has scotched plans to publish details of ongoing investigations.
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Earlier this week, we revealed that Louise Nevill was joining Axa XL as specialty CUO.
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Sinead Cormican has served as deputy underwriter for the past four years.
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The launch is part of MSI’s strategy to expand the capacity of its UK subsidiaries.
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