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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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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.
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The carrier said nat-cat claims were running in line with plan assumptions.
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The carrier is also considering a potential casualty treaty market entry.
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The carrier also reported a $16mn satellite loss during the quarter.
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A rundown of the main stories of the week.
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The company’s results come less than two months after announcing its Lloyd’s syndicate.
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These cedants could offer the firm access to support their casualty and specialty lines as well.
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The bridge disaster added 6.3pts points to the company’s overall CoR in Q1.
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Parametric triggers are likely to involve financial losses and a number of impacted businesses.
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WTW is looking to strategically hire across its business, having rebuilt its team following the failed Aon merger.
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Further hires included Scott Fields and Stephanie Fick, both appointed senior vice presidents.
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Rates are still materially higher than pre-pandemic and lower layers are holding firmer.
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The bridge collapse added 9.8 points to the consolidated quarterly CoR.
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The vehicle will give the legacy carrier a US platform.
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This is not the first pulled strategic process in the adjusting, and broader claims services, sector in recent months.
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The insurer said its Lloyd’s presence underscores its London market commitment.
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He will report to Kelly Superczynski, Aon’s global head of capital advisory.
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Paragon co-CEOs James Kalbassi and Tara Falk will become Ardonagh shareholders.
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Cyber physical damage cover has also been added to the facility.