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The US sports disability market has been dubbed the “problem child” due to its volatility. -
Sara Foucher has held roles at RSA, Swiss Re and XL Catlin.
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The carrier has paid $1.75bn on around 9,500 claims filed from the wildfires.
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The carrier expects the market loss to land at $35bn-$40bn.
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The transactional liability class faces a string of potential losses, especially in the contingent segment.
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The broker joined the Ardonagh Group from Gallagher’s Alesco in 2017.
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The marine market has experienced another flurry of personnel movement.
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The division reported revenue up 10.4% at A$204.2mn.
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The departures come after long-serving MD Andrew Hills left the business last year.
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An increase in tonnage from new and existing members drove up income.
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PIB’s broadened sale process is symptomatic of wider investor sentiment around brokers.
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The MGA launched last October with a B.P. Marsh investment.
