Operations/tech
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The launch follows the carrier’s decision earlier this year to put CatCo into run-off.
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CEO Joe England blames “difficult market conditions” for the decision.
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The CEO predicts stable or marginally lower P&C premiums this year and says he’s comfortable with AIG’s Dorian loss outlook. -
The Lloyd's chairman steps up the rhetoric before the publication of a culture survey he warns will be "sobering".
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The carrier would consider a vehicle if it allowed the matching of the right capital to risk, the Axa XL CEO said.
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About two-thirds of Lloyd’s syndicates run an expense ratio above the market average, performance management director Jon Hancock said.
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Analyst Joanna Parsons says gender diversity within non-life (re)insurance has improved, though more needs to be done.
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The former JLT Specialty executive will become managing partner of US aviation and aerospace.
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The move is likely to be interpreted as succession planning for current CEO Cloutier.
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EventWatch uses machine learning and AI to provide alerts on disruptive events and is free for IUA, LMA, Liiba and Lloyd’s members
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The state-established company will take control of the P&C, life, pension and asset management operations.
