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The vehicle will leverage global reinsurance market capacity in the event of a natural disaster. -
Risk managers are increasingly concerned about insurability.
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The LMA report focused on first-party property damage from a coverage perspective and on eight key sectors.
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Chris Cane and Jaime Hunwicks join from Talbot, Jonathan Bint from Chaucer and Molly Ashcroft from Axis.
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The loss of the major account has been a substantial hit to budgets for some carriers.
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Robert Rechtern has spent the last two years at Lockton as head of A&H, sport & contingency.
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The three-year deal is expected to generate $200mn in GWP over the period.
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The regulator alleges customers were promised discounts they did not receive.
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The broker is discussing the potential for "smart frequency solutions" with reinsurers.
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Aon executive Daniele de Bosini said reinforced infrastructure had mitigated the impact of recent disaster events.
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The business put up strong H1 numbers, and has named Christian Dunleavy group president.
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Assuming Munich Re takes roughly a 3% market share of hurricane losses suggests a ~$20bn industry loss for Helene.
