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In tandem, its long-term issuer credit rating was revised to “a+” (excellent) from “aa-” (superior). -
Inside P&C’s news team runs you through the key M&A deals from the past week.
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Inside P&C’s news team runs you through the key highlights of the week.
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She will report to global head of cyber and technology Dan Trueman and play a key role in shaping the team’s strategic direction.
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Other carriers reportedly pulling back from writing business in California recently include Mercury General and Safeco, while Oregon Mutual is said to have exited the California market altogether.
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The legacy carrier’s wholly owned subsidiary will reinsure 80% of RACQ’s motor vehicle compulsory third-party insurance liabilities of accident years 2021 and prior.
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Everest Insurance has appointed Glen Browne as head of international corporate strategy.
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Zhou will focus on implementing risk and actuarial practices, as well as managing risk-taking through Corvus Reinsurance Company.
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The unit – which will serve both large healthcare providers and smaller clinics and private practices – will work alongside carriers including CNA and Chubb.
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Bronek Masojada served as CEO of Hiscox until January 2022 and was appointed to SiriusPoint’s board in May.
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Uncertainty around war exclusions and systemic risks and the potential impact of the spike in ransomware on the profitability of the class were discussed at the event.
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Douglas spent the last decade of his 23-year tenure as head of WTW’s climate and resilience hub.
