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The risk of cyber incidents that cause physical damage is also rising. -
The Insurance Insider US news team runs you through the earnings results for the day.
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The company has also expanded its relationships with US and UK MGAs.
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Verita leadership and staff will remain intact and “seamlessly functional”.
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The company has also appointed David Tran as head of programs, Canada.
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The S&P 500 outperforms as P&C tumbles on mixed earnings.
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An industry veteran of 34 years, the executive is known for placing US healthcare business in London.
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The Risk Strategies parent company had also been the subject of bids from Marsh and Howden.
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The wholesaler also paid nearly $29mn for the Irish MGU 360 Underwriting.
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California posted a 47% jump YoY, from a 28.4% rise in June.
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The executive joined Navigators in 2010 after eight years at White Mountains Capital.
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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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