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Reported losses from the wildfires that tore through the Canadian province of Alberta in May have now reached $2bn, according to Q2 disclosures.
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Underwriting margins for the listed Lloyd's carriers narrowed in the first half of 2016, as combined ratios were swollen by larger expense and loss ratios.
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Gross written premium (GWP) growth at London-listed Lloyd's carriers rebounded in the second quarter of this year to 7.8 percent, after three of the group increased their reinsurance buying to expand their books
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Operating returns for Bermudian carriers came under pressure in the second quarter of 2016 as a stream of cat losses narrowed underwriting profitability.
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Share price data on The Insurance Insider's universe of P&C (re)insurers
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Underwriting performance at Bermudian carriers worsened in the second quarter of 2016, as a high level of catastrophes dented loss ratios across the board
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Bermudian carriers' second quarter growth was in the double-digits for the second year in a row, due primarily to an increase in assumed reinsurance
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Rate reductions continued in the US commercial P&C sector during the second quarter as carriers aggressively priced renewals to prevent books being taken to market, according to the latest survey results from the Council of Insurance Agents & Brokers (CIAB).
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Aon and Marsh & McLennan Companies (MMC) delivered higher organic growth year-on-year in the second quarter.
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Share price data on The Insurance Insider's universe of P&C (re)insurers
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Rating agency Standard & Poor's (S&P) has forecast a "tough year" for US P&C insurers, predicting that returns will fall by almost 2 percentage points in 2016.
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The Insider 30 was up by 1.4 percent on average in July, as the last week of the month brought a mixed bag of second quarter results