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New capacity continues to enter the hull market, and rates are falling. -
The broker has also held positions at JLT, Towergate and THB.
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More players are looking to the class in a bid for top-line growth.
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Tropical Cyclone Alfred and Queensland flooding brought thousands of claims.
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New broker vehicles are setting up amid accelerated softening in D&F.
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Former Aviva and AIA CEO Mark Wilson will lead the new initiative.
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The final month of the year saw an unusually high number of claims.
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The executive previously worked at Hiscox and Aviva.
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The carrier’s estimated first event limit could increase 16%, to $1.35bn.
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The company’s upsized public offering priced at $30 per ordinary share.
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The firm expects to replace the volume with Innovations-channel business.
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The (re)insurer used alternative capital in the reinsurance coverage.
