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The reduction in capacity reflects “strategic adjustments”. -
David Hughes has a line size of A$10mn with a global mandate.
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Rates are turning negative, and the balance of power is shifting towards the brokers.
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The carrier has used Lloyd’s London Bridge 2 structure for the launch.
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Reducing duplication of reporting is key, the association said.
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The Corporation is undertaking research into global systemic risks.
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First-quartile 2023 performers will contract capacity by 5% in aggregate next year, according to our survey analysis.
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Higher cat losses and more casualty reserving could bring profits below 2023 high-point.
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Syndicate 3705 will begin underwriting on 1 January 2025.
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The company has exited some transactional liability and commercial D&O business.
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Lower inflation and a softer market outlook tempered aggregate growth expectations.
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The index is a three-year strategic project to track social inflation by analysing personal injury awards.
