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Managing director Nick Bacon will also exit this summer. -
The team is led by industry veteran John Lentaigne.
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Assurex Global’s partner firms place $46bn of premium across the world.
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The broker will be based in Oslo and drive expansion in the Nordic region.
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The board of directors was unanimous in its decision.
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Combating depressed trading on the LSE and a delayed hard market shift has held back the firm.
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The fund apparently plans to purchase life insurance policies as investments.
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The carrier announced a major writedown in its L&H book last year.
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Marsh alleges Aon also went after its clients as well as its employees.
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The executive will define strategic priorities and guide global growth.
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The underwriter is to run a new fine art and specie operation.
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The CUO’s turnover closely follows that of the CEO.
