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The Aventum Group broker is targeting placing £1.1bn of GWP by year end 2026.
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The company has been buying out Omers’ shares since 2015.
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Rates are turning negative, and the balance of power is shifting towards the brokers.
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The move follows objections from the Singapore government.
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Aggregates that are featuring in the reinsurance market are not the low-attaching ones of prior years, he added.
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The underwriter worked for Markel for a decade.
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The Aventum Group broker launched a cargo and stock throughput division earlier this year.
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Reducing duplication of reporting is key, the association said.
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Alexander Schlei will succeed Carsten Schulte in his former role.
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The carrier said its P&C and L&H reserves have been confirmed by independent reviewers.