US North East
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Lucy Clarke said the broking business was resilient in the face of macro challenges.
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Organic growth was flat on the prior year and in line with Q4 2024 figures.
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The underwriter will be based in New York and drive underwriting strategy.
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Shift to growth includes all geographies in which the company does business.
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Competition for specialty reinsurance talent remains high.
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Most US states have been silent on the regulation of parametric insurance.