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The insurer's professional liability reinsurance book shrank by around 25%. -
The role will unify the P&C and professional and executive risk practices.
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The company has hired Axa XL’s Irvine to lead the new platform.
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The MGA will likely expand its D&O book as well, but excess casualty will grow faster.
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PartnerRe's $5mn commitment will enable the MGA to expand its D&O line size.
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A new report warns that underwriters must consider political uncertainty and macroeconomic trends.
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The executive will continue as head of BHSI’s E&P lines business.
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Inflation, tariffs and climate change are all making for an uncertain 2025.
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Markel had announced the exit from the line of business in the US last year.
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The market is up against emerging risks and a whole heap of uncertainty.
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At the PLUS D&O symposium, executives raised concerns over tariffs and the role of reinsurance.
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D&O liability premiums have declined by double digits in seven of the last eight quarters.
