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Nuclear verdicts of $100mn+ hit all-time high in 2023: USCC
The mean nuclear verdict for 2013-2022 was $89mn, versus $76mn in 2010-2019.
Kyoung-son Song
,
31 May 2024
Tamesis Dual misses third key cat renewal as capacity search continues
The Howden-owned MGA lost ~$250mn in cat capacity in September.
Jairo Ibarra
,
31 May 2024
Reinsurers push to continue steady XoL casualty treaty rate hikes
Fears around social inflation have maintained upwards pressure on US liability reinsurance pricing.
Kyoung-son Song
,
31 May 2024
Risk appetite returning to Florida after tort reform: Guy Carp
Excess capacity rebounded in June 2023 after hitting a decade-low just 12 months earlier.
Jai Singh
,
31 May 2024
Bondaval to establish reinsurance vehicle Bondaval Re
Since its launch, Bondaval has been operating exclusively as an MGA.
Abbie Wood
,
31 May 2024
The Week in 90 Seconds: D&F renewals; London gateway; Hurricane season
Plus the latest people moves and all the top news of the week.
Abbie Wood
,
31 May 2024
Hearn joins Howden Re as global clients strategy chairman
The appointment will see the industry veteran coming out of retirement.
Abbie Wood
,
31 May 2024
TSR updates 2024 North Atlantic hurricane forecast
The firm now predicts six major hurricanes and 24 tropical storms.
Shelby Rosenberg
,
30 May 2024
Flasinski to assume Gallagher Re North America CEO role 1 June
His promotion to CEO was announced in March.
Hal Stucker
,
30 May 2024
Property cat rates fall 5% at 1.6: Howden Re
Additional capacity for upper-layer coverage is driving rate reductions, the broker said.
Rachel Dalton
,
30 May 2024
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