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Plus, the latest people moves and all the top news of the week. -
Hannover Re’s CEO is lowest paid among peers, despite their pay growing 77% since 2015.
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This publication revealed his exit from MS Re last month.
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The appointments are pending regulatory approval.
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The carrier’s president Andrew McMellin is aiming to double London market share in the next five years.
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The carrier said the cuts will help it to become a “simpler, digital-led business”.
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The executive previously spent 15 years in a variety of roles at Zurich.
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Allstate attributed the bulk of its losses to three major wind and hail events.
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Jim Williamson said litigation funding had evolved into an investment class.
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There has been significant talent displacement in the specialty reinsurance market.
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The Beazley CUO said geopolitics would determine cyber market pricing.
