London Market
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Plus the detail on Ardonagh’s new facility and all the top news from the week.
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The insurer has been expanding its marine presence in London.
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The work from home model has proved the sector’s resilience, but there are opportunities to flourish for companies that return to the office.
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Underwriters look to avoid the costly option of setting up an EEA service company to use the platform.
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The Corporation sets out initial consultation feedback on the future of the room and will share its final vision later this quarter.
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The co-CEO said that the Bermuda-based start-up’s model was based on the principle of “frailty eradication”.
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The executive’s departure coincides of the end of the three-year terms of non-executive chairman Michel Flamée and non-executive director Christian Noyer.
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Brokers, underwriters and industry figures are at odds over the sector’s role but small steps make sense.
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The move is to encourage more people to return to the underwriting room and reduce boundaries of entry.
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The comparatively small line of business accounted for almost half of gross Covid-19 losses.
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The Syndicate 2791 founder pins wording issues on the “nefarious activities of the broking houses”.
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The carrier reported a combined ratio of 104.5% but said there were opportunities ahead in 2021.