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RMS released event sets with a $12bn-$80bn range, while AIR put out an event set spanning $20bn-$64bn.
Speaking on a panel at Trading Risk New York, Montero said that the previous guidance was assuming a track closer to Tampa.
Lloyd’s has postponed milestones against work on specifications for a new digital gateway and the build of a proportional treaty system.
Josh Brekenfeld succeeds Patrick Mahon, who has been appointed head of group business for global accident and health.
Long reads

Long reads

Yesterday, we published a detailed examination of the barriers preventing women from reaching the executive committees of Lloyd’s managing agencies.
In the first part of a two-piece investigation, Insurance Insider explores the pernicious barriers to women reaching the executive committees of Lloyd’s managing agencies.
North American companies also pay executives more relative to company size than European rivals.
The median 2021 compensation of industry leaders in the US and Canada was $7.7mn, compared to $4.9mn in Europe.

Hurricane Ian: Bearishness builds

As it became clearer that the Fort Myers area was facing 150 mph winds, sources started to talk about loss estimates with a $30bn floor.
Inflation and reinsurance costs are among the key challenges that marine underwriters face.
Reinsurers are better positioned to face this storm from a financial point of view – to Florida state’s detriment – but how capital providers will react to a loss is the wildcard.
Inflation will define priorities such as a focus on safeguarding clauses and pricing transparency, as well as line of business challenges, for underwriters and actuaries in the year ahead.
This publication’s review of H1 disclosures shows how listed (re)insurers’ nat cat losses have tallied with aggregate projections.
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The incoming CEO said growth areas would include the middle market, Asia, LatAm and MGAs.
The business has retained Evercore to advise on future funding options. 
The firm's ethos will remain the same, but the bigger balance sheet may help it win clients and absorb volatility.
The carrier will “hold the line” on property exposure with its key renewal clients, the executive explained.
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Personal auto: Revisiting the divergent claim counts trend as we head to quarter-end

Claims analysis shows slow reactions to negative trends can affect several quarters, but carriers who emerge strong will be able to pursue growth faster than the competitors who are always playing catchup on loss cost trends.
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The Move to Outsource Supply Chains Now Under Pressure

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