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The moves come as the company said it will "double down" on US E&S. -
He will lead AIG’s business across Latin America and the Caribbean.
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Rates have fallen an average of 10%, though changes can be highly specific to each property.
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Revenue and expenses grew, in part due to the company’s acquisition of Beat Capital Partners.
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The revision is significantly lower than the $4.5bn October estimate.
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Litigation funding is a frequent bogeyman for the insurance industry. The feeling isn’t mutual.
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Sources said that the program manager is being advised by Dowling Hales.
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Modeling wildfires is particularly challenging compared to primary perils like hurricanes.
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The exec will lead key initiatives including Aon United, and work closely with NFP.
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Large account and E&S property have gotten competitive faster than expected.
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This in turn gives carriers on a tower a little more liberty and less risk to optimize claim outcomes.
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The executive joins forces with executive chairman and co-founder Erik Matson.
