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The agency stressed the physical impact of climate risk on companies.
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Sabine Re marks Allied Trust’s entry to the market.
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The challenger broker is continuing to build out its presence on the island.
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He was executive managing director in Aon’s wholesale treaty team.
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Exposure updates played a greater role than expected.
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The broker has also appointed Charlie Liddle and Rowan Minhas to the team.
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Insured loss estimates are not yet available.
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The Lloyd’s legacy business has been placed up for sale, along with other units.