Liberty Mutual
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The mid-year renewal included $135mn from a Bermuda-listed placement, which shrank from $278mn after the insurer revised the covered portfolio.
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Market sources said most of ITC’s marine liability cover is written by an Aon general liability line slip. -
Chubb, Allstate and Liberty Mutual are among insurers seeking reimbursement for claims from the utility.
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The third-largest P&C underwriter in the US reported 20.4 percent top-line growth and a 7.6 percent renewal rate increase in specialty lines.
