Contingency/entertainment
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The RT Specialty chairman and CEO says the timing of recent M&A was perfect for wholesale brokers looking to grow. -
The wholesale broking executive says plenty of capital remains to support both the admitted and E&S markets.
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The company said it would not be safe to host up to 40,000 delegates in May, but that physical meetings would return.
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“The optics don’t look good,” says BlackRock Global Real Assets director Lori Seidenberg.
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Executive defense attorney Mark Oakes says transfers between related companies can be a warning sign for underwriters.
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Underwriters Francis Hernandez and Ian Seakens have joined Cincinnati Global Underwriting to lead the new lines of business.
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She has led the business line since 2015 and will be replaced by Michael Furtschegger on an interim basis.
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The fallout from broker consolidation was a key theme in yesterday’s discussions at (Re)Connect.
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The executive says he is optimistic about the prospects for Bermuda.
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By 13:00 London time yesterday, (Re)Connect conference delegates had heard insight from the CEOs of entities controlling $80bn of non-life reinsurance business.
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Jean Prewitt says bank funding and bond financing for production cannot be obtained until insurers again begin to write policies for communicable disease.
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The Marsh CEO outlined MMC’s five-point plan to improve racial equity during an Insider Progress webinar.
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