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The underwriter has previously worked at AIG, Chubb and Markel.
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The hard reinsurance market and elevated cat losses continued to drive rate increases.
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Inside P&C’s news team runs you through the key highlights of the week.
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InsurTechs are still the most heavily shorted among P&C names, though they likely have been beneficiaries of a short squeeze for most of 2023.
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The broker said clients could save money, increase limits and buy extra coverage.
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The primary layer of $10mn was written by Chubb. The policies cover the period from August 1 2022 through August 1 2023.
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He will be based in Connecticut and report to Alex Blanco, Vantage's chief executive, insurance.
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Speaking about the recently spun-out HNW MGA, Zaffino said AIG expects to bring on additional capital providers to the subsidiary through H2 2023.
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The scale of reductions is increasing as the class of business experiences its fourth consecutive quarter of rate falls.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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An uptick in financial markets activity could increase demand, but there is also significant risk which currently isn’t priced into the market.