QBE
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Tricia Loney brings 20 years of industry experience to the role.
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The platform aims to “bend the loss curve”.
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The carrier notified California regulators that it would stop renewing plans starting last month.
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Last year, the firm obtained a Class 4 license in Bermuda.
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The executive succeeds Tim Barber, who left the firm as of July 1.
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The specialty insurance platform has now exceeded $3.1bn in premiums.
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Executives see earnings benefits from workers’ comp beginning to diminish.
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CEO Tom Kang said Converge will now be able to deploy a total of $10mn in limit in certain segments.
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Finnis was formerly head of commercial lines at WTW.
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Irwin joins the firm from Beazley, where she’d worked since 2019.
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RiverStone is assuming $1.2bn of a $1.6bn legacy deal.
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The carrier has appointed AIG’s Sharon Primerano as vice president and US inland marine manager.
Related
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March 13, 2024