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UK and Ireland GI premiums rose 16% over the year. -
Katie McGrath is appointed CorSo CUO amid a restructure of the unit.
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The carrier increased premium by 7% at the January renewals.
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The firm projects losses from the fires at between $160mn-$190mn.
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In the absence of interim action, the segment could face an “availability crisis”.
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Sara Foucher has held roles at RSA, Swiss Re and XL Catlin.
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The division reported revenue up 10.4% at A$204.2mn.
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PIB’s broadened sale process is symptomatic of wider investor sentiment around brokers.
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This publication revealed the appointment earlier today.
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The appeals court has ruled that composite policies provide multiple limits.
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The broker is understood to be seeking a consideration of £3.75bn+.
