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The former underwriter left Barbican following the company’s acquisition by Arch.
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Carriers led by Axa XL are accused of “not acting in good faith” and acting “miserly”.
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Pre-adverse development cover, the carrier saw impact from directors’ and officers’ and mergers and acquisitions-related business.
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The CEO explained the reasoning for the carrier's recent reserve increase during a call with analysts on Wednesday.
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According to sources, AIG underwriters globally have been told not to write new construction risks in Latin America.
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Berkshire Hathaway-owned MedPro provides medical malpractice insurance in the US.
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The comments came as Chubb shares rose more than 6.3 percent following the release of fourth quarter results.
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General liability, professional liability and personal lines were key growth areas for the carrier.
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The broker has experience placing business for offshore law firms and trust companies.
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The move by a senior claims executive to the underwriting side comes amid mounting casualty claims due to social inflation.
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The carrier's first full-year results as a listed entity will include $28mn of unfavourable development.
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SVP Tom Jurgens told The Insurance Insider that he expects the book to grow at least 15 percent this year.