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A conclusion to the Evercore-run restricted sale process is expected this quarter. -
At the ABI conference this morning, carriers were warned about crime syndicates’ use of automation to deploy cyber attacks.
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Axa XL underwriters will be available for in-person meetings across all product lines every day of the week.
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The Norwegian insurer added 14 million gross tonnes to its total tonnage and retained 99.6% of existing business.
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Plus our take on London market financials a all of this week’s full-year results.
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The CEO said the business unit was focused on bottom-line profits rather than top-line growth.
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HDI Global Specialty, Verto Syndicate 2689 and IQUW Syndicate 1856 are among the new trade capital partners.
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A further £39mn of claims were fully settled in the month to 5 February, per the latest release of data by the FCA.
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S&P’s proposal to disallow senior debt as a form of available capital is thought to be among the most impactful of a slew of detailed changes by the rating agency.
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Improved underwriting performance and double-digit top line growth at most carriers has characterised results reported so far.
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Atrium Underwriters has posted a combined ratio of 88% for 2021, with a strong underwriting performance driving profits up 24% to £68mn ($92mn).
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The appointment comes after Allison Wilkinson departed Chubb to join Convex.
