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The recruitment comes amid expansion on the wider MGA platform. -
Lancashire’s upstream income was broadly stable in 2020 as the carrier registered modest rate increases.
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The deal could be signed later this week or at the weekend, sources said.
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CEO Talbir Bains founded the business in 2017 with backing from the market’s largest ILS manager.
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Beazley is one of the leading players in property D&F business in London, writing a global book with a US focus.
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The US regulator has proposed Willis sells its San Francisco and Houston CRB businesses, and its Bermudian insurance broking arm.
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The largest of the businesses, Gras Savoye, has been seen as one of the jewels in the crown at Willis.
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Around 15 producing brokers are on the move, with a number from the non-marine specialties team.
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The service firm is jointly owned by a consortium comprising Paraline International, Skuld and investment firm ACHP plc.
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The pre-eminent reinsurance event is cancelled for the second year running over Covid-19 concerns.
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Founders Philippe Gouraud and Yoel Brightman bring on board their former colleague.
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The vast Japanese quake programme is to expand for the fifth year running.
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