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Shift to growth includes all geographies in which the company does business. -
“We do not have the luxury of time,” he said during the Bermuda Risk Summit.
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Admitted insurer withdrawals and rising demand are pushing more entrants into E&S.
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Last year, the firm consolidated financial and excess liability lines under the leadership of Richard Porter.
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Sources said that the broking giant will look to add around 10 additional backers at a $30bn EV.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Aviation reserve strengthening added 10.1 points to the combined ratio.
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Perlman has been at MMA for over six years, most recently as president of national business insurance.
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The MGA is offering lines of $25mn, up from the $10mn limit it was providing until late last year.
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This year’s coverage will involve $2.94bn of new risk transfer.
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Four cat modelers have also submitted their tech for regulatory review.
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The company is seeking to promote growth in its US excess casualty book.
