December 2019/2
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Sources said airline premiums have increased by around 40 percent on average.
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Just as the major UK political parties brawling to form the next government have decided voters are unmoved by the boring business of debt- and deficit-to-GDP ratios, Swiss Re CEO Christian Mumenthaler has concluded that capital concerns no longer hold that much sway.
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The carrier has dropped some layers from its ILW-based ILS transaction.
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The (re)insurance industry argues that the cumulative impact of rules disadvantages the UK compared with peers.