MS Amlin
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The executive said that outside of property cat, renewals will be “relatively stable”.
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The power market is experiencing double-digit rate reductions.
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This publication revealed the move earlier this year.
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Sam Geddes will join Syndicate 1918 next year in an executive leadership role.
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The recruits will join from Nephila, Aon and Malaysian Re.
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California wildfire losses were partially offset by improved underlying underwriting.
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Dart succeeds Andrew Carrier, who will retire at the end of the year.
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Peter Cordell will join Syndicate 1729 in January.
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Category 4 and 5 storms could become more common and hit further north.
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The carrier has entered several new classes recently, including specie and reinsurance.
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The underwriter joined MS Amlin in 2020 after more than 24 years with Markel.
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The change reflects the company’s growing profile within the MS&AD group.