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Most of the market’s largest syndicates kept their CoRs below 90% as prices remained adequate. -
The executive said the market would be updated on progress in late April.
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MAP’s Christopher Smelt said impact on nationwide programmes will cause risk aversion.
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The carrier has moved to hire in the fine art and specie line after the exit of Mark Benbow.
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Ethan Godlieb will be leading cyber, tech and fintech for the broker.
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The product supports investors of early-stage carbon removal projects.
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Syndicate 1984 is set to begin underwriting next month.
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The broker has also named Andrew Herring chair of the division from next year.
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The broker was a significant producer of jewellers block business to Lloyd’s.
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The binder will provide capacity for international fac property, power and onshore energy.
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The proportion of women in lead underwriting roles still trails other leadership positions.
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CEO Andrew Carrier says the business has strong “forward momentum”.
