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The carrier has ambitious growth plans for its rebranded Munich Re Specialty segment.
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The broker will sponsor a fellowship for a researcher working at the university.
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The underwriter will head up casualty reinsurance for the US and elsewhere.
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After an unexpected charge in Q4 last year, the carrier feels “very comfortable” with its reserving position.
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Jensten’s London market unit will report to the core broking trading division under Rob Organ.
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The updated framework from the Corporation provides less “scope creep”, said CUO Rachel Turk.
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Since 1 January, the market’s potential descent into freefall has been closely watched.
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At group level, Hannover Re's operating income grew by 15% to EUR558.1mn.
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Proving war-on-land coverage has been challenging, given the lack of reinsurance cover available.
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The carrier also confirmed the appointment of Ian Davidson as senior underwriter.
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John Silcock was CEO of entertainment broker Robertson Taylor.
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The news follows an announcement from the MGA last week that it has taken a Lloyd’s box.
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Polo MGA will provide services to both start-ups and established MGAs.
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Michael Yeats will now lead the automatic reinsurance facilities division in the US.
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The former R&Q head of legacy will join as an adviser.
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O’Shea outlined growth ambitions and managing leadership transitions at the MGA in a wide-ranging interview.
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Along with D&F, Fidelis is looking to grow in marine construction and aviation.
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FCA data reveals a worrying drop in new broker authorisations.
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Such reviews within the sector jumped from one in 2022 to 12 in 2023.
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It’s critical that insurers help clients to evolve and manage new and different risks stemming from AI, said Lucy Pilko, CEO of the Americas for AXA XL at RISKWORLD in San Diego.
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Data tools are helping businesses better understand and manage risk beyond just buying insurance, said John Merkovsky, global head of risk and analytics, WTW, at RISKWORLD in San Diego.
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Growth in the E&S market is expected to continue, as risks are continuing to become more complex and difficult to place in the admitted market, said Adrian Cox, CEO, of Beazley at RISKWORLD in San Diego.
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Businesses that have faced multiple years of rate increases are finding relief through innovative solutions including captives and telematics, said Mo Tooker, head of commercial lines, The Hartford, at RISKWORLD in San Diego.
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E&S has thrived around innovation and will continue to grow in 2024 and 2025, said Chris Sparro, CEO of North America, Sompo Commercial and P&C Insurance at RISKWORLD in San Diego.
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Storms struck the Great Plains, the Midwest and the Southeast.
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The status was achieved thanks to the MGA’s insurance partner, Apollo Underwriting.