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The carrier also appointed Pugi head of Bermuda excess casualty.
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A rundown of the main stories of the week.
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The primary casualty book was down by “some 26-odd percent from the prior year”.
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In certain classes like energy or cat, AIG switched “a bit” to XoL from quota share.
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M&A activity between 2012 and 2022 garnered long-term returns essentially equal to the relevant market index.
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The CEO said the carrier had identified several areas in its portfolio as having room to grow.
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A claims dispute between the US Coast Guard and insurers has sparked fear about aggregations.
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He replaces Paul Messer, who moves to a group role.
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The carrier shifted away from quota share in a bid to control cat volatility.
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Digital Follow will be launched in the second half of the year.
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