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It will offer additional capacity to WTW US property clients with a limit up to $25mn.
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The underwriting units produced revenue of $11mn in the year to June 30.
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Geo Europe CEO Walter Craft will remain with the financial lines business.
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The highest releases in nearly 15 years challenge conventional wisdom on reserving.
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The US carrier abandoned the project due to high price expectations.
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Urban expansion, climate change and inflation are key drivers of losses.
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A quick roundup of today’s need-to-know news, including cyber risk reduction, an M&A roundup and the Week in Brief.
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The Insurance Insider US news team runs you through this week’s key M&A deals.
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A quick roundup of this week’s best journalism.
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Portfolios of clients of varying size in the same region aggregate more risk.
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Greg Lindberg owned four North Carolina-domiciled insurance companies.