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The majority of the savings are expected to be realised in the retail division. -
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The Lord Mayor told the CRO Summit to stop treating risk as a dirty word.
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Broker facilities and increased US domestic appetite are accelerating the softening.
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The executive will be global reinsurance CEO and climate solutions chair.
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The syndicate-in-a-box is the first Lloyd’s syndicate to operate outside London.
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The CEO transition is already visible in messaging on growth as rate change picks up.
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Lloyd’s CUO said established broker facilities were “big enough”.
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The CUO noted that market-wide rate change in Q1 was down 3.3%, coming in below plan.
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The platform could help reduce claims-cash holding times by 10 weeks.
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The executive has spent 10 years in a range of roles at the Corporation.
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Plus, the latest people moves and all the top news of the week.
