Interviews
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TMK is the largest insurer of aviation risks at Lloyd’s by gross written premium. -
Modified freehold gives syndicates and investors clarity around exit plans.
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Langley said the London market could benefit from boosting its image at home and abroad.
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He expects the operational hygiene of MGAs to be tightened soon.
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Recent transactions on the platform include cat bonds from Flood Re and Brit.
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The broker said that businesses not investing in AI capabilities would be left behind.
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The MGA’s GWP hit $4.6bn as the CEO labelled aviation all-risks rates “woefully inadequate”.
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The Corporation’s CFO hailed profitable growth but warned syndicates to maintain discipline.
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Syndicate 1984 is set to begin underwriting next month.
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The company’s syndicate has booked an 87.4% combined ratio for 2024.
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The executive said MGA and broking start-up activity looked set to continue.
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CEO Alex Maloney said the LA fires might prompt some carriers to go more “risk-off”.
