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The executive said that with a single platform and capital base, the company had few distractions.
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The Oxbow report found that AI use cases span the entire (re)insurance capability model.
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InsurX has grown its capacity beyond £100mn after adding D&F to its existing contingency business.
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IUAD has raised £9mn to date and is targeting £10mn by March 2025.
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Beazley CEO Adrian Cox said that the carrier’s growth rate would slow as market conditions shift.
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LMG's latest London Matters report reveals that UK capital has lost ground to the US and Bermuda in some lines.
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The Lloyd’s chief of markets said he was generally comfortable with market fundamentals.
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The market also outperformed various indices including the MSCI World.
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The executive said Aviva and Fidelis had endorsed the market’s turnaround.
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The injection will be sufficient to take the platform through its next stage of major development.
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The initiative will focus on fostering innovation through the Lloyd’s Lab.
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DDM is due to be removed as a core central service on 13 September.
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