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Recent transactions on the platform include cat bonds from Flood Re and Brit. -
MAP’s Christopher Smelt said impact on nationwide programmes will cause risk aversion.
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The executive spent a brief period at Wakam in a capital and reinsurance role.
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The London D&F market will shoulder most of the losses.
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Eric Paire was head of capital advisory at Aon for nearly seven years.
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The changes follow a strategic review of the Pool Re scheme in 2022.
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Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
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The vehicle has $2.55bn in capital committed by institutional investors.
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The move means Lloyd’s will have a new chairman and a new CEO in the same year.
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Paul Poschmann joins from Gallagher Re, where he was a divisional director.
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