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The big-ticket primary arm ran up huge losses in 2017 after falling to a slim underwriting loss the year before.
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The Insider 50 contracted by 1.3 percent last week, reaching 1,150.0 index points as the quarter drew to a close.
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Acquirer will have to sidestep antitrust concerns and move quickly to tie in key talent.
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Broker has established a track record of mid-single digit organic growth in recent years.
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The H1 accident-year ex-cat loss ratio continued to grow year on year.
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Each of the two carriers wrote just over a quarter of private flood premiums across the two states
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After weeks of marginal increases, the Insider 50 achieved substantial growth of 2.6 percent last week.
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State Farm, Nationwide, USAA and Allstate lead market share for cat-exposed Carolinas.
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European reinsurers may take hit on treaties
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The payback pricing model equity-funded reinsurers have relied on is dead. What comes next?
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Reinsurers saw marginal improvements in rates at the mid-year renewals.
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The Insider 50 rose by 0.8 percent last week to 1,136.1 points, with growth crimped by declining valuations at the London cluster of carriers.