MS Amlin
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The executive’s departure comes little more than a year after he replaced Chris Rash in the finance role. -
Other significant reductions in this publication’s running SBF approval tally include Aspen 4711, Markel 3000 and Hiscox 33.
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The syndicate ran a combined ratio of 133 percent in 2017.
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Market sources described a frenetic dynamic between underwriting leaders and followers in the verticalised market.
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The carrier gained approval to write insurance and reinsurance in the UK in June and has since sealed a deal with MS Amlin.
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He moves to the carrier from Axis.
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The combined ratio improved by 32.4 points to steer the London market carrier to a slim underwriting profit for the six months to 30 June.
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The Lloyd’s carrier will provide paper for the insurer’s property, liability and professional indemnity lines from 1 January.
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The carrier has withdrawn from aviation as it seeks Lloyd’s approval for its 2019 business plan.
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Both Asian reinsurers have made key hires to their Zurich branches.
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The conditions of Wyatt’s departure, including his next location, are currently unclear.
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Axa XL, MS Amlin and Miller are among the companies trialling the PPL rival.
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