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He also joined Everest’s board last week as an independent director.
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The non-peak peril is not secondary anymore.
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While significant, the fires are expected to be an earnings rather than a capital event for the industry, John Huff, CEO of the Association of Bermuda Insurers & Reinsurers, said.
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A rebound is expected this year, however, led by strong US activity.
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The move combines two units in the North America middle market division.
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Last year, the firm consolidated financial and excess liability lines under the leadership of Richard Porter.
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Sources said that the broking giant will look to add around 10 additional backers at a $30bn EV.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Aviation reserve strengthening added 10.1 points to the combined ratio.
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Perlman has been at MMA for over six years, most recently as president of national business insurance.
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The MGA is offering lines of $25mn, up from the $10mn limit it was providing until late last year.
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This year’s coverage will involve $2.94bn of new risk transfer.