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The marine entry will be backed by Axeria IARD, SiriusPoint and Sompo International. -
The timeline for the centre launch was announced at last year's CFC Cyber Forum, in which CFC's then CUO described the launch as a “coming of age for the cyber market”.
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The carrier confirmed that coverage will renew on 20 February 2024.
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The segment has bounced back from its mid-2022 nadir, but its current zenith is not that much to shout home about.
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High staff turnover in the cargo market is continuing this year, following elevated movement in 2023.
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Price Forbes has been hiring across specialty lines, and recently appointed Howden’s cargo head Jonathan Eaton.
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As part of the transaction, Carrick will assume the company’s staff and operations.
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The LatAm telecoms company buys a sizeable protection triggered by windspeeds.
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In its first year under new ownership and after setting up its own managing agency in 2022, the Lloyd’s syndicate is looking at ways to leverage its infrastructure.
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Mosaic has also added CNA Hardy’s Emily Humphreys to its PV team as part of the deal.
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Clayton will join the carrier’s global credit and political risks team, reporting to James Wilson, head of credit and political risks.
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The resignations will see Russ and Davidson reunited with fellow Axa XL alumnus Mark Hutton, who joined Tokio Marine HCC as head of crisis management last year.
