Marine
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The merger of the two clubs, announced in March, will form one of the largest mutuals in the sector. -
Plus latest people moves and all the top news of the week.
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A lack of income opportunities in the region has triggered speculation about how pricing models may have to change.
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The executive will take up the role of global head of marine at AIG.
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Piraeus Bank bought the action against Antares over the detention of a vessel in Venezuela in 2015.
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Matthew Sims and William Taylor will launch a book from November as the market moves away from composite covers.
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Marine and energy-focused MGA Thomas Miller Specialty has partnered with Send Technology Solutions to streamline and automate its operations using the InsurTech’s software.
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CEO Rolf Thore Roppestad said all parts of the business grew well and highlighted renewables as a significant opportunity.
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Howden said the platform improves efficiency and data capture for both carriers and brokers, with savings passed on to clients.
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The insurer warned that claims could arise beyond the immediate war threat in the Black Sea.
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The executive has worked at AIG for more than 14 years, heading up global marine since 2016.
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The carrier is pursuing a strategic pivot towards insurance and a reduction in reinsurance growth.
