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The team is led by industry veteran John Lentaigne. -
The broker will be based in Oslo and drive expansion in the Nordic region.
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The only major product line to see rate increases was casualty.
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The board of directors was unanimous in its decision.
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The carrier announced a major writedown in its L&H book last year.
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Insolvencies caused by the tariffs could also cause increased losses
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The business will divide into US wholesale and specialty, and programmes and solutions.
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The underwriter is to run a new fine art and specie operation.
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Alongside Chatterjee, SVP Dharma-Wardana has also exited the team.
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Meco's 2024 gross written premiums totaled $63mn.
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Charles De Bar leaves Allianz after four years with the carrier.
