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The outlook calls for an 85% chance of an above-normal season. -
Thomas Noakes is joining the broker from Price Forbes in June.
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The marine expert has worked for Axa XL and Catlin for most of his career.
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Recent contingency losses reflect a willingness of the market to go looking for premiums.
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Browne joins from Allianz Global Corporate & Specialty, where he was head of specialty.
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Jessica Cullen is relocating to London from New York to take up the new role.
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LMG's latest London Matters report reveals that UK capital has lost ground to the US and Bermuda in some lines.
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Axa XL has also added Fidelis’ Jamie Cann to its aviation team.
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The marine carrier reported a ‘benign’ P&I claims environment.
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The Lloyd’s chief of markets said he was generally comfortable with market fundamentals.
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The business will be supported by up to $200mn of Lloyd’s and London underwriting capacity.
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The timing of the incident could leave carriers running large net exposure for the remainder of the policy year.
