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The claims specialist spent 30 years at Amlin before joining TFP. -
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Rates continue to drop as capacity is ample, the broker said.
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Plus the latest people moves and all the top news of the week.
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The Lloyd’s syndicate was one of just a couple of reinsurance start-ups in the current hard market.
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Clients are increasingly using captives because of uncertainty around long-term capacity commitments.
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The cyber business will continue to operate as a standalone entity.
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Gallagher, Marsh and Aon also faced sizeable outstanding premium payments as at Q4 2024.
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Carriers expect a rise in the severity and frequency of claims over the next two years.
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The executive was CEO at PartnerRe until he retired last year.
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The three months to June included a cluster of Guy Carpenter exits.
