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Aidan Flynn said that although different markets are expected to move at different speeds, the underlying trend is clear.
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The P&C Re CEO discussed Swiss Re’s P&C appetite and nat cat exposure in the investor presentation.
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The broker’s global marine team services global premiums of $3.9bn across marine classes.
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Current marine head Laurence Humberstone is set to retire after 19 years at the carrier.
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Sompo has begun writing aviation war for the first time, while Apollo has picked its pen back up after a pause.
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The brokers will work in the contingency team headed up by Ian Tomlin.
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Tokio Marine HCC restructured its marine, energy and renewables division earlier this year.
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Woodhouse will be based in London and report to Ed Winter, director of terrorism.
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The broker said reinsurance capacity has contracted over the past 18 months, and the once-diamond-hard aviation war market has started to soften.
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Former pricing actuary Chris Chandriotis will lead the team.
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The downstream brokers will join Price Forbes alongside former colleague Dan Nicholls, who left Miller last month.
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The ratings agency said premium rate increases for specialty lines would be most pronounced in political risk, terrorism and political violence lines because of heightened geopolitical tensions.