Insurers
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Beazley, Hiscox and Lancashire all grew in Q1 despite widespread rate decreases. -
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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The Canadian conglomerate’s total cat losses in Q1 reached $781mn, including $692.1mn from the fires.
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The state insurer of last resort is set to purchase $2.89bn of reinsurance this year.
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The executive criticised the ongoing underrepresentation of women in senior leadership roles.
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Barry Cook has led THMCCI for over 20 years, one of the longest CEO tenures in London.
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The underwriter is taking on a role with Cipriani and Werner.
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Christian Kitchen had been at Travelers since October 2022.
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