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The executive will oversee Howden Re’s treaty and fac business in Miami as well as the firm’s specialty insurance unit. -
The broker said the burgeoning class of business was still finding its stride.
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His leadership roles included overseeing the firm’s capital solutions group.
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The firm said supply and demand was becoming more in balance than at 1 January renewals.
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In a post on LinkedIn, Steve Arora said investor appetite “just wasn’t there”.
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The property segment experienced a 113.5-point impact from the California wildfires.
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The carrier announced a major writedown in its L&H book last year.
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The legacy carrier reported an operating loss of $45.3mn for the year.
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The CUO’s turnover closely follows that of the CEO.
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Why have reinsurance start-ups remained so rare in recent years, even as underwriting conditions have improved?
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Alex Amezquita will fill Cahill’s previous position as CFO.
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The business will still look at large non-life deals in particular in-the-money ADCs.
