Insurers
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The company also purchased $15mn of SCS parametric coverage. -
Arch will continue to provide long-term capacity for the MGA.
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Group CEO David Howden says: ‘Our doors are open’.
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The leadership transition at the syndicate was announced earlier this year.
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The newly created role consolidates leadership across UK entities.
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The carrier also benefitted from favourable reserve development in property and A&H.
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The reinsurance CoR decreased 2.3 points to 79.5% while the primary CoR rose 4.7 points to 98.7%.
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The Canadian insurer saw property rates dip across its global divisions.
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The business posted a 95.2% undiscounted combined ratio.
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The French carrier’s first-half revenues were driven by 6% growth in P&C.
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DB reiterated that no final decisions have been made regarding a potential deal.
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The executive was previously head of excess casualty, North America.
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