Operations/tech
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The data and analytics head said investment strategies still hadn’t changed radically despite suboptimal returns for more than a decade. -
The Hartford continues to operate in the UK through its NIC UK branch and Hartford Syndicate 1221.
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Measures put forward for consultation include a single coming into line date and a waiving of deterministic rules for capital requirements.
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Occurrence retro rates are among the segments where rate pressure is abating, although the outlook remains somewhat opaque in a late renewal.
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The transaction will be one of the largest P&C deals of the year.
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The carrier assembles the team following the creation of its Chubb Studio digital platform.
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In an interview, Grahame Millwater and Jason Howard set out the synergies possible following the broker’s rebrand.
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The carrier is targeting growth in all key lines of business.
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Rates for listed companies continue to rise between 200%-400% amid hard market conditions.
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The carrier’s long-standing client Alfa has become an equity investor.
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The carrier will take a smaller line than initial backers PartnerRe and Swiss Re.
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The underwriter’s resignation marks the latest in a string of senior departures at the carrier.
