Operations/tech
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Former Markel underwriting executive Trevor Carvey will also be part of the leadership team. -
CEO Hanbury hails an “unprecedented opportunity” as prices rise.
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Tony Simmons, Tony Marshall, Lee Braysher and Barry Marler all previously worked at JLT’s aerospace arm.
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The trade association also commits to gender parity in its own senior management by late 2022.
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The would-be buyer presses for a non-disclosure agreement with the hedge fund reinsurer to allow due diligence to start.
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The alliance will initially focus on the machine tools and transportation industries.
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The insurance company has written around $3.2bn in GWP since the start of 2019.
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The Corporation has said that a third of the supervisory body should be female by 2023, with at least one non-white member.
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The per-share price is a 35% premium to yesterday’s close.
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The insurance holding company confirms it will take 72% share in the Lloyd’s (re)insurer.
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The new CEO returns to the trade credit insurer after previously leading its finance function.
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Clix index will provide insured loss data for all major nat cat events since 2000.
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