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The political violence market has seen a flurry of new entrants in recent months.
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Jacob has held senior roles at Axis International and Crawford & Company.
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The broker will join the marine liability team within the new Ken Syndicate 3832.
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The appointment follows the departure of upstream head Chris Touhey.
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The carrier is looking to grow its specialty offering across Europe and APAC.
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How is the market positioned to withstand Hurricane Milton?
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Tim Nagle succeeds Oscar Holloway, who has left the company to “pursue other opportunities”.
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PPL plans for iterative releases and a production environment by end of Q1 2025.
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Setting aside the storm’s greater potential insured loss scale, the flood risk implies greater exposure.
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Contrary to expectations that US casualty would dominate the conversations, Milton took the spotlight.
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It also reported that severity increased by 17% in the same period.
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Geopolitical conflict could expose the global economy to $14.5tn in losses.