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S&P noted that the deal volume was the highest on record for a decade, and came despite uncertainty over pandemic claims. -
The estimate includes damage to residential, commercial and industrial property and vehicles.
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The actuary replaces outgoing CFO Reijer Groenveld, who will leave in October.
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Former Hamilton and Pembroke executives Tim Glover and David White are joining the start-up in leadership roles.
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The ratings agency said that a surge in demand could add to the costs of rebuilding.
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The move follows change in senior management at the business, with Simon Wilson set to succeed William Stovin as president.
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Lloyd’s said the new agreement will provide its market with access to multi-source intelligence through the Global Events Observer platform.
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Constanza Gállegos is joining the Berkshire Hathaway Specialty Insurance leadership team in Europe as country manager, Spain.
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The executive will take on a leading role in all aspects of the carrier’s data management.
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It is part of the firm’s commitment to reach net-zero emissions in its own operations by 2030.
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The risk modeller said Henri’s weakening before landfall spared the northeast US from the damage originally forecast.
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The 19bn-20bn rand claims quantum marks a steep increase from a mid-July estimate of 7bn-10bn rand.
