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Parrish, now CEO of Howden US, and his colleagues said they didn’t violate contracts.
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Sources said that the start-up will be fronted by Bain-backed Emerald Bay.
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Patton Kline succeeds Glod as US aviation and space practice leader.
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This publication revealed yesterday that the two were in detailed takeover talks.
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A key hearing in the poaching case is set for September 4 in New York.
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Sources said that detailed discussions have taken place, with a clear path to a deal.
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The executive was previously Navigators’ head of excess casualty.
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The company was hit with a data breach on July 16.
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Third Point purchased 50,000 shares of the E&S insurer, which represents roughly 0.1% of its shares outstanding.
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The move is a retaliation to Howden’s US retail launch.
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Besides Russia-Ukraine losses, the Air India crash losses totaled $26mn.
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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.