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The newly created role consolidates leadership across UK entities. -
California posted a 47% jump YoY, from a 28.4% rise in June.
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The Canadian insurer saw property rates dip across its global divisions, but it had strong rate on liability.
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The executive was previously head of excess casualty, North America.
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Specialty casualty now accounts for around 22.2% of its insurance business mix.
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The pace of increases ticked down in the second quarter compared to Q1.
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The broker has noted that double-digit reductions are increasingly available in property.
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The broker posted a 6.5% drop in organic growth YoY.
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The legacy player is working to secure its first deal, and could look to expand to US E&S.
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The regional insurer has increased its weighting to OLO and commercial auto, versus comp.
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The executive has been with the company for roughly one year.
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Loss trend concerns persist, but insurers are vouching on the opportunity to push for more rate increases.
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