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The firm is also integrating changes to its process to allow it to cover wider ground. -
The chief of markets began sick leave in late August.
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The conglomerate expects pre-tax losses from Hurricane Milton of between $1.3bn-$1.5bn in Q4.
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The commercial carrier also reported a Hurricane Milton pre-tax net loss forecast of $250mn-$300mn.
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Sources said the brokers are in the final stages and could seal a deal in the next couple of weeks.
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The firm is still operating within its catastrophe budget for the year, CEO Scott Egan said.
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The company has grown its premium base by 12% annually over the last five years.
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A roundup of all the news you need today, including AWAC’s entry into the mining market in London.
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The carrier has appointed Ivan Sit to head up the operation.
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Bradley Haimes will leave Zurich after more than a decade with the carrier.
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Plus the latest people moves and all the top news of the week.
