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The Insider 50 reached 1,132.6 index points last week as carriers post robust Q3 earnings.
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Carriers disclose heavy cat losses as well as mixed underlying performances, as business mix shift continues.
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Executives faced pointed questions about workers’ compensation claims trends and casualty pricing during Q3 conference calls.
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Deal adds scale and operating leverage for the Bermudian at an attractive price.
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The deal also accelerates a strategy of pursuing increased scale and leverage.
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The Insider 50 reached 1,103.1 index points last week as all sub-groups in the index post gains.
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This publication takes a look at the very real changes Duperreault has put in place behind the scenes to tackle underperformance.
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Recruiting better talent; re-underwriting the portfolio; reinsurance; and re-establishing governance and controls.
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Brokers grow amid favourable market conditions, while (re)insurance executives make positive noise around pricing.
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Although estimates for the Q3 disasters vary, in aggregate the events are likely to generate insured losses north of $10bn.
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Lloyd's Asia outperforms London for the second year running.
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The Insider 50 closed last week at 1,071.3 points, a 3.5 percent decline week on week