Aon
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Growth was driven by strong returns and new investors entering the market. -
Portfolios of clients of varying size in the same region aggregate more risk.
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White Rock claims CCB was responsible for the “lion’s share” of fraudulent letters of credit.
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The peril can no longer be considered secondary, according to Gallagher Re.
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The figure is well above the historical average of $39bn for this century.
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Hurricane Beryl is expected to strengthen again after hitting the Yucatan Peninsula.
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The broker said the mid-year reinsurance renewals benefitted from “more than ample” capacity.
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Evercore is leading the capital raise process and Aon is assisting with the Lloyd’s application process.
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He will report to Kelly Superczynski, Aon’s global head of capital advisory.
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The index-based coverage will be for the benefit of Lloyd’s Syndicate 1910.
