Pol risk, credit & surety
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A regulator-mandated restructuring of the relationship between managing agents and the Brussels hub will, however, add cost.
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Insider Deborah Wyatt takes his place, while Neil Edwards assumes the deputy head role.
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Sources warn further unrest is possible and anticipate rising demand for SRCC and even full political violence cover. -
The recruit will work as a senior underwriter and look to drive growth in the line of business.
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The missive adds to the patchwork of arrangements emerging for existing policies across the 27-nation EU.
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The broker’s 1st View report also finds hardening in the engineering market and increased appetite for quota share within marine.
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Germany is among other jurisdictions to have prolonged the life of similar schemes.
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The Lloyd’s CEO said it was not for business to set the tone on climate, as the Corporation laid out its first ESG report.
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The regulator says that the insurance sector had remained resilient this year but faced ongoing threats.
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Other listed insurers lose ground in London trading.
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Sandy Warne will report to former Lexington chief George Stratts at the Lloyd’s start-up.
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Wrangling over the award of Petroecuador’s 2021 cover has left reinsurers unsure of which primary carrier and broker to back.
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