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Former Verto Syndicate underwriter Peter Mills hope to raise quota share support for his planned treaty MGA.
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Theo Butt moves up from his managing agency CEO role to take over from Martin Reith who has led the business for the past four years.
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Managing director Philipp Graf said the new arrangement with Allen Partners would bring the full suite of Twelve’s products to institutional investors in Australia and New Zealand.
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José Manuel González will lead the combined business as CEO.
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Lawrence Cheng, underwriting managing director of Peak Re, says reinsurers could have done more to foresee Jebi loss creep.
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The Corporation has committed to getting SIABs up and running in 90 days.
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Richard Brindle also said the cat market is highly sensitive to an additional event, with widespread dislocation possible.
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Piers Cantlay took on the role of chairman of Aon Global ReSpecialty in 2013.
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Manoj Gupta will be taking the new title from Rob Bredahl, who left Third Point Re for TigerRisk in May.
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Former Tokio Millennium Re CEO Tatsuhiko ‘Tats’ Hoshina is now the chief commercial officer at the start-up.
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David Priebe has been promoted from the role of vice chairman.
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Fergus Reynolds was head of non-life origination at Securis, where he had worked since 2014.