UK and Europe
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In its first six weeks, Taurus has brokered more than £100mn of UK real estate.
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The backing represents a rare move from a collateralized reinsurer to take on risk in the legacy space.
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The incidental syndicate will also house Liddell’s A&H team and Carr’s marine liability team.
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The underwriter had worked for Syndicate 1200 since 2011.
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The former Everest executive will look to roll out a range of new product lines at the heavyweight MGA.
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Curtin has spent almost 50 years in the market with stints at Marsh and Sedgwick.
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This publication revealed the appointment in November last year.
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Underestimated average claim value has led to a dramatic February update.
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The company is still working to get debt holder approval for the Accredited deal.
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The marine hull market is looking to retain rating robustness in 2024.
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Tim Bluck joins as a partner, covering UK clients.
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The Livingbridge-backed broker may return to market in 2025.
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Jack Broadbent left WTW to join CFC in June 2023.
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The book is yet another indication of growing interest in the space.
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Alex Coulton previously held the role of construction underwriter at Axis Capital.
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Getty was appointed to the role in December of last year, having joined Talbot as cyber and technology class underwriter in 2017.
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Insurance Insider understands David Walsh told employees in a memo that “certain culture failings” were identified in an investigation which had gone on “for some time”.
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The class underwriter has spent more than two decades with Brit.
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The exercise is understood to involve mainly junior and non-broking staff.
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Insurance Insider revealed yesterday that the two firms were in advanced talks over a potential transaction.
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Syndicate 1856 is looking to back diversified coverholders for the project.
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The resignation follows the appointment of Sedgewick's Julie Ross to lead the team.
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The utility previously bought a $1bn policy from the (re)insurance market.
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The treaty specialist has also worked at QBE Re, Aspen and Swiss Re.
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The former Vibe CEO has also worked for Axis Capital and Ace.
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City of London grandee Martin Gilbert is attached to the project in a non-executive capacity, sources said.
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The underwriter had worked for Axis and predecessor Novae for 17 years.
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Loss activity is escalating in the class of business, leading underwriters to question rate softening.
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The launch will allow the Lloyd’s market to access a greater proportion of Acrisure’s $32bn managed premium.
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A leaked document also details the rationale for the planned combination of syndicates 510 and 557.
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Chaucer’s global head of marine Philip Graham also chairs the influential facts and figures committee of the International Union of Marine Insurance.
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Mitsui, Tokio and Sompo are to split the loss, which will be absorbed by retentions and property XoL treaties.
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Non-life reinsurance director Joachim Racz is to replace the executive.
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The private equity firm took the intermediary private in a deal struck in 2018.
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As part of the changes, North America CEO Dan Linton – who operates out of Bermuda – is to leave the company, while around half a dozen employees will be made redundant.
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WRB’s head of political lines Sundeep Daddar and PV underwriter Luke Bennett are to leave the company as a result of the exit.
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