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With US third-quarter reporting season being well underway, the results so far highlight further runway for the hard property E&S market. -
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Reports show that the combined use of supply chain exploitation and data exfiltration is causing double-digit million-dollar losses for cyber insurers.
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The class underwriter has spent more than two decades with Brit.
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A cancelled Bruno Mars concert in Tel Aviv is among the losses to hit the segment.
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Carr has spent over 20 years in the market, holding several leadership positions at Tokio Marine HCC, Axis and others.
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Political violence and risk underwriters have heavily cut back in the region, which remains an important source of premium for marine insurers.
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Videos and messages posted to social media show widespread devastation caused by the Category 5 hurricane.
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Flights had been suspended into Acapulco after the storm rapidly intensified and made landfall at Category 5 strength.
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The carrier has been in hiring mode in recent months after staff exits earlier this year.
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Celestial Aviation Services received $501.5mn relating to 14 aircraft that were stranded in Russia as a result of the ongoing conflict with Ukraine.
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Pierro will be responsible for establishing operations in France and growing the company’s European cyber insurance portfolio.
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