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Losses are likely to fall within syndicates’ loss budgets, it said. -
The biggest riser in this year’s Allianz Risk Barometer was climate change.
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Brock served for nearly 37 years at the firm.
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CEO Cerio highlighted changes that allowed the insurer of last resort to combine commercial, coastal and personal lines.
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Transactional risk head Smith has spent the last six years at Acquinex in various senior roles.
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Prominent Name Dhruv Patel is the firm’s founder.
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Syndicate 609 will cede net loss reserves of approximately $196mn.
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The reshuffle follows the departure of board chair Tsuyoshi Nagano.
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Charlton joins specialist construction MGA from Consort Technical Underwriting Managers.
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The move comes ahead of a planned sale of Wefox’s insurance business.
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High-net-worth binders and treaty exposures will bring significant claims to Lloyd’s writers.
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Daniel Moruzzi joins from Ascot and Matthew Cope joins from Aon.
