QBE
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The first half combined ratio worsened to 108.8%, from 99.9% the year before.
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The former A&H president will oversee A&H, aviation, and trade credit and surety under a new specialty unit.
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Dan Moore has been serving in the role on an interim basis since the end of January.
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APRA chairman Wayne Byres tells lawmakers carriers remain sufficiently capitalised to respond to new events.
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Stephen Postlewhite will succeed the executive as managing director. -
The Australian carrier reports 9.8 percent renewal rate growth in the London market.
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The executive has worked in finance positions at the Australian carrier for eight years.
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The Bermuda-based start-up run by Lefebvre, Lucking and Weston receives regulatory approval.
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Tom Fitzgerald most recently served as a CEO at Aon Risk Solutions.
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The carrier said the blunder last August caused widespread disruption to its business.
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The flagship facility retains QBE and Axa XL for 2020 participation.
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Charles Cygal, formerly of Ironshore Insurance, takes the role.
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