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The Corporation’s CEO will run Aon Reinsurance Solutions.
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But forecasts of slowing growth in recent years have been too pessimistic – and uncertainty remains.
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More than 4,000 acres are burning as thousands evacuate.
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A Delaware judge ruled that a “bump-up” exclusion was inapplicable.
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The new agreement provides $40mn of aggregate limit excess of zero.
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The change comes after an ownership restructuring.
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A quick roundup of today’s need-to-know news, including Ryan Specialty, January 1 renewals and general liability.
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Rate increases are less severe and renewals are flat in some segments.
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Many cedants secured aggregate and subsequent coverage at 1 January.
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LAU will become the new Core Specialty Aviation & Aerospace Division.
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Around $155m of the businesses in-force gross premium will be transferred to Core Specialty.
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Federal court securities class actions hit a four-year high last year.