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Hurricane Milton resulted in the largest insured loss of the year at $25bn. -
He succeeds Wayne Peacock, who retires this year after four years of service.
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Andrade is taking up a CEO role at another “prominent financial services firm”, Everest said.
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Flatt will remain on the company’s board of directors.
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He succeeds Hugo Wegbrans, who becomes head of CRB for Europe.
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This publication revealed in July that Aperture had retained Deloitte for the sale.
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The Corporation’s CEO will run Aon Reinsurance Solutions.
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The move means Lloyd’s will have a new chairman and a new CEO in the same year.
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But forecasts of slowing growth in recent years have been too pessimistic – and uncertainty remains.
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More than 4,000 acres are burning as thousands evacuate.
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A Delaware judge ruled that a “bump-up” exclusion was inapplicable.
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The new agreement provides $40mn of aggregate limit excess of zero.
