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The moves are the latest in a period of personnel upheaval in the energy market.
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Seven members of the construction team have resigned, including construction practice leader Patrick Baker.
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The cost of the FY25 program is expected to be broadly in line with FY24 for the carrier.
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The company said insurers’ capacity and appetite had spurred competition over Q2.
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Listen in as Luis Prato, president of the UK and MENA for Liberty Specialty Markets, discusses the role of London within Liberty’s global business, the future strategy of the carrier, and the art of risk selection as a driver for performance.
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The broker’s energy division has welcomed a string of hires in the past year.
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The energy liability market has seen a number of new entrants in recent months.
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In Partnership With MarkelJoin Insurance Insider, in partnership with Markel, for a free webinar, 10:30 ET/ 15:30 GMT, Nov. 26.
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Grenada and St Vincent were spared the full brunt of the storm.
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Loss assessment is ongoing but the event looks likely to be a total loss.
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Tara Hill launched last month and is headed by Core Specialty’s Peter McKeegan.
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The business specialises in hard-to-place risks.