Insurers
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Cat losses for the quarter added 3.2 points to the carrier's combined ratio. -
Ransomware threat actors are continuing to attempt ‘smash and grab’ attacks.
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The insurer has not decided whether to sell its Eaton subrogation rights.
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The carrier reported a below-budget cat experience, despite the California wildfires.
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Chance Gilliland spent a decade at Chubb underwriting property binders.
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Jonathan Mesagaes will report to John Hyland, head of underwriting and marine.
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Beazley, Hiscox and Lancashire all grew in Q1 despite widespread rate decreases.
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At his last annual meeting as CEO, Buffett highlighted the importance of Berkshire’s insurance operations.
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The primary and reinsurance unit CoRs were 103.1% and 98.7%, respectively.
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AIG, HDI Global and others have settled. Chubb’s fight continues.
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Joanne Barry will be joining the team at Zurich.
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