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Models anticipate a busier second half, particularly in the next few weeks. -
The carrier’s US and Europe claims teams will report to Clayden.
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The relationship between growth and capital is “symbiotic”, the broker said.
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Mark Connellan is the latest addition to Bassel Matta’s team.
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The deal is expected to result in $700mn in combined GWP in Florida upon completion.
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Lenders include Morgan Stanley, Permira and Bridgepoint.
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Blackstone-style capital seeking to get closer to source is a net negative for reinsurers.
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Cedants target methods of reducing pressure on earnings as reinsurers chase growth.
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The carrier’s chief buyer urged a partnership approach from reinsurers.
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Former head of construction Bill Creedon will assume the role of chairman.
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Bazan Group’s refinery near Haifa was badly damaged by Iranian bombardment in June.
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Lloyd’s has pursued a Big Game Hunting strategy to lure major insurers into the market.
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