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The deal expanded scope of Aspen’s delegated underwriting operations across both US and European operations run by Ryan Specialty. -
The firm will look to grow its offerings on climate change and natural catastrophe risk.
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Southern Fidelity is seeking to lift homeowner rates by 85%.
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The Swedish pension scheme is ‘happy to absorb concentrated [cat] peril risk’.
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The pair have helped to lead the life and alternative credit team since January 2020.
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The December redemption was raised to 7.5% of the fund from the usual 5%.
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The regulator is also reviewing Solvency II post-Brexit.
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He will replace Jonathan Malawer, who held the position for fourteen years and has left to join a new firm focussed on climate risk investments.
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The Swedish pension fund will participate in Swiss Re’s natural catastrophe business.
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ESG, non-catastrophe and rebuilding after personnel changes will be among the themes of the year.
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The firm said he would oversee transactions and assist in growing AuM.
