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The carrier has added $5mn to the target limit bringing it to $105mn.
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Driscoll and Lubert have been promoted to presidents.
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Managers are hoping strong returns in 2023 will aid capital raising efforts.
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The reinsurer’s large losses were down 5% to EUR1.6bn for the year.
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The underwriter will report to Kristina Maffit.
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Pricing on the Class A notes moved toward the lower edge of guidance.
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The state carrier is moving to redeem its 2022 Everglades issuance a year early.
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Roche joins from GC Securities, where he was senior vice president.
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The initiative will focus on fostering innovation through the Lloyd’s Lab.
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The carrier is seeking to raise $100mn of coverage.
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