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The consortium is supported by 11 other Lloyd’s businesses.
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Property remained the largest class of business, whilst North America is an increasingly important income source.
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The SPAC has undergone a dramatic shift in strategy since it first listed on the London Stock Exchange.
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The project shows that a well-designed and accessible market-wide effort to think outside the box on recruitment could be rewarding for the entire sector.
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Letters from PPL's legal representatives had been issued to Ebix Europe, over the timing for the launch of Ebix Europe's new PlacingHub platform.
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The London market businesses face potential fallout as Vesttoo investigates collateral inconsistencies.
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Pantheon Specialty will assume 100% ownership of Denison and Partners, another BP Marsh-backed broker.
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Plus all the latest executive moves and top stories of the week.
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Three key reports have unearthed issues around capital and lower return period loss figures that may need to be addressed for the cyber market’s maturation, as a pivotal 1 July renewal date approaches.
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London D&F underwriters are seeing rate rises of 15% on average on clean business, while loss-affected accounts are seeing their rates double.
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Plus all the latest executive moves and the top news of the week.
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PPL is looking to enhance its capabilities around generating a CDR in a pilot that could also demonstrate how a CDR validation process could work for many firms under the Lloyd’s Blueprint Two programme.
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