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Q4 net retention was impacted by the previously announced ADC. -
The executive will head the newly formed GBLI subsidiary.
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Under the new guidelines, the carrier is requiring more distance from the brush.
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The organization was hoping to grow its reinsurance cover.
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The carrier has also received 11,750 fire-related claims so far this year.
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Gibbs will oversee delegated underwriting authorities and facilities.
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This is the second acquisition Amwins has announced this year.
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The announcement comes amid discussions regarding a potential merger with Howden.
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The executive is returning to Tysers after nearly four years at Price Forbes.
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The group will house a segment for specialty and benefits and another for underwriting.
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Workers' comp continued to offset GL adverse development, but the bucket is running dry.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
