PV/Terror
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Delegated underwriters are seeing an opportunity to write in the PVT market as an add-on to property coverage.
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Jelle Ouwehand joined Arch from Marsh, where he was a senior terrorism, PV and war broker.
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Underwriting remains disciplined as insurers target profitable growth.
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The political violence market has seen a flurry of new entrants in recent months.
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PVT business has been attracting new capacity after recent rate increases.