Bermuda
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T&Cs, as well as exclusions, remain largely unchanged, the executive said. -
The carrier is continuing to reposition its portfolio to drive more consistent returns.
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The carrier said market dynamics remained robust, with overall pricing healthy.
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Interim CUO Nick Pritchard turned in his notice in August of this year.
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YTD disclosed run-off deals total 26, with $1.36bn of gross liabilities transferred.
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The Bermuda carrier brought a winding-up petition earlier in October.
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Plus, the latest people moves and all the top news of the week.
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The company reported no cat losses but saw a jump in attritional losses.
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Onex’s own balance sheet will become a 63% owner and AIG takes a 35% stake.
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Everest’s AIG deal meaningfully cuts its primary exposure.
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The revised outlooks reflect the difficult moment as Everest moves away from retail.
