Broker/dealers
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The former Ledger director was joined by fellow ex-Ledger employees to “hit the ground running”.
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The ILS executive will head up structuring for the Americas.
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The broker platform has managed nearly $100mn of capacity.
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The head of the ILS international team at Gallagher Securities Europe expects ILS issuance in the region to grow following rises in the European Central Bank rate.
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Their view that “investors have never had it so good” speaks of a market in an upbeat mood as of January.
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Jason Bolding adds to the growing team recently joined by Alexandre Delacroix and Keshav Gupta.
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The broker said it would help clients to think creatively and act quickly in accessing capital.
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The appointment to the ILS unit follows news of Howden’s move to buy TigerRisk.
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The rate-on-line index rise is the steepest uplift in 16 years.
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The broking houses also said they "remain fully committed to the benefits of [their] proposed combination".
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The executive had previously been the head of third-party capital at Axis.
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The busy storm season, Covid-19 uncertainty and a hardening market are driving demand.
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