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Recent start-ups have recorded annual underwriting losses about 80% of the time, Insurance Insider analysis shows – even after becoming established. -
The decision comes after Extinction Rebellion activists shut down the Lloyd’s building, protesting against the insuring of fossil-fuel products.
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A second setback to the delivery of PPL’s Next Gen’s platform has triggered questions among firms about confidence in any new timeline.
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PPL said not all elements of its Next Gen platform – which was already subject to a delay – will be ready for a September launch.
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The Corporation has been in negotiations with landlord PingAn over its future in the iconic building.
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The (re)insurer aims to fill a gap in the market by providing ESG data for insurers on the private firms they insure.
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The Corporation’s former global head of operations Joe Dainty has moved over from the DXC joint venture to become market delivery director.
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Hernandez will assume her new position alongside her existing role of country manager for Mexico.
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The follow-only vehicle initially launched in January with a more limited set of permissions.
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The broker was founded in 1980 and specialised in a variety of classes, including property, specie and professional liability.
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With the Lloyd’s Lab in its fourth year and poised to welcome cohort eight to its incubator, Insurance Insider examines its impact so far.
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Only the top quartile increased GWP between 2019 and 2020.
