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Brokers will only get more vocal on aggregate or secondary peril if Helene remains a retained loss event.
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DEI has faced a backlash in the US where companies have pulled back from targets and initiatives.
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After a strong run, the market needs a chair that will uphold underwriting discipline and delivery on modernisation.
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The new CEO has owned past challenges and charted a better course, but will need to be relentless in driving change.
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The market remains concerned about managing the pricing slowdown, but a “super cycle” continues.
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The peril is posing an increased risk of loss for the sector.
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Property underwriters warn of complacency in how quickly margins can erode.
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Incoming CEO James promises transparency as digital development accelerates outside Lloyd’s.
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The shift to private market fundraising should be a meaningful boost to this and other initiatives.
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The firm escapes public market distractions and long-term undervaluation, but the low mark will hurt peer companies.
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Expectations of what “walking the walk” means for leaders have risen.
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