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New capacity continues to flow into the hull market, despite rating pressure. -
Bill Bouvier has spent more than three years at the legacy firm in this role.
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An M&A senior analyst and M&A underwriter for emerging markets are also set to depart.
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The syndicate will be targeting approximately $50mn of GWP in its first year.
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Scale is increasingly becoming a differentiator for reinsurance carriers, the broker noted.
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Geopolitical turbulence brings new challenges that primary specialty lines carriers urgently need to address.
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The aviation market may prove an outlier following a disastrous year of loss activity.
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Being conservative and stable is the name of the reinsurer’s game.
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Apollo most recently received in-principle approval for Syndicate 1972.
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The private ILS segment took losses from LA wildfires and Mid-West severe convective storms in H1 2025.
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The broker’s joint venture with Bain Capital still lacks a CEO.
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Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
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