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Jeanmarie Giordano joined the company last September. -
The MGA will likely expand its D&O book as well, but excess casualty will grow faster.
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PartnerRe's $5mn commitment will enable the MGA to expand its D&O line size.
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Nadia Beckert joined the carrier as an underwriter in 2021.
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The executive was Everest CEO from 1994 to 2013 and has served as board chair since 1994.
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Former CEO Buss had been appointed in November 2023.
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The rating allows IQUW to access $1bn in group capital.
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Industry sources estimate the market to be around $3bn.
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A quick roundup of our best journalism for the week.
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Shareholders say the stock has declined around 59% in the past year while book value has dropped ~30%.
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He also joined Everest’s board last week as an independent director.
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Last year, the firm consolidated financial and excess liability lines under the leadership of Richard Porter.
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