Novae CEO Fosh confident for Q4 despite softening market
Novae Group CEO Matthew Fosh believes the specialist Lloyd’s player is “well positioned” for the final quarter, despite a softening rating environment, after achieving a 20.3% uptick in gross written premiums over the opening nine months of 2015.
The firm recorded GWP of £619.5m for the period ending 30 September (9M 2014: £515.1m), which was said to be driven by investment in new underwriting teams.
The divisional split of GWP saw Novae's
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