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Andrew Kane has spent eight years at QBE. -
Plus the latest people moves and all the top news of the week.
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The executive said the industry can continue to grow by embracing emerging threats.
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Lloyd’s CUO said established broker facilities were “big enough”.
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Are intermediaries facing tougher times as the broking supercycle winds down?
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The platform could help reduce claims-cash holding times by 10 weeks.
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The CUO noted that market-wide rate change in Q1 was down 3.3%, coming in below plan.
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The executive has spent 10 years in a range of roles at the Corporation.
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Competition is high in specialty reinsurance as new capacity enters the market.
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Specialty reinsurance has experienced high competition for talent.
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Sources suggested that the multiple could be as low as the 13x range as valuations reset.
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Insurance Insider revealed earlier this week that the underwriter had resigned from Allianz.
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