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Tim Nagle succeeds Oscar Holloway, who has left the company to “pursue other opportunities”. -
It also reported that severity increased by 17% in the same period.
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Bronek Masojada said London should be shouting louder about the good work it does.
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Oak Re Syndicate 2843 will commence underwriting from 1 January 2025.
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The facility automatically follows the lead market which offers the lowest quote.
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The short-tail buildout will feature lines including political violence and marine.
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The executive also said there had been a “step change” on culture in the market.
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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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Daily Digest: Top news from 11 October
11 October 2024