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Most of the industry losses occurred in Austria, the Czech Republic and Poland. -
Evercore has reached out to a combination of strategics and private equity houses.
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The UK retail distribution firm is run by former Stackhouse Poland CEO Tim Johnson.
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Hurricane Milton was the largest group loss event at EUR290mn for the year.
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Brokers and service providers dominated transaction activity.
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The broker was a significant producer of jewellers block business to Lloyd’s.
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Stuart Cheers-Berry was delegated underwriting authority controller at PoloWorks.
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Gard acquired Codan’s global marine and energy portfolio during 2024.
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Markel also announced the appointment of Jon Michael to its board.
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Some of the Big Four are slowing growth as the market softens.
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The property and specialty insurer reported underwriting profits of $131mn ($170mn).
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Lloyd’s hopes to protect healthy pricing, but focus is on broader structural market shifts.
