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Sentiment at the ILS Connect event hosted by Insurance Insider ILS was generally positive. -
The carrier booked LA wildfire losses of EUR148mn.
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The insurer has not decided whether to sell its Eaton subrogation rights.
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Cat losses included $17.5mn from the CA wildfires and other events.
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The carrier reported a below-budget cat experience, despite the California wildfires.
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The executive was previously a top US casualty broker.
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The executive was head of fine art and specie at Miller until February 2025.
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Space pricing experienced double-digit increases after the 2023 capacity retreat.
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Chance Gilliland spent a decade at Chubb underwriting property binders.
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The appointment follows the recent exits of CUO Chatterjee and SVP Dharma-Wardana.
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Backer Livingbridge’s second attempt to sell the broker has reached an impasse.
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