Issues
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Projections from provisional gross loss estimates from listed Floridian insurers Federated National and Homeowners Choice (HCI) point to a $6.1bn privately insured homeowners' loss from Hurricane Irma in the state, analysis from The Insurance Insider shows.
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The London binders market is braced for a round of losses from Hurricane Irma, even as it continues efforts to untangle the consequences of Harvey in Texas.
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It seems paradoxical that I should be writing to tell you of the demise of our monthly print edition.
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Early optimism around the effect of Hurricane Irma on rates is quickly receding as more data points emerge which suggest that even combined with Hurricane Harvey the storm will have only a manageable impact on capital levels.
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The Insurance Insider breaks down Florida premium ceded by the largest carriers
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Willis Re CEO John Cavanagh and designated successor James Kent have urged the reinsurance market to show a measured response when arranging back-ups following Hurricane Harvey and Hurricane Irma
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Expectations of a truly hard market for US property catastrophe treaty business are starting to recede as initial indications suggest that Hurricane Irma was a less severe event than expected
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Universal, United P&C (UPC Insurance), Heritage and Federated National are the leading private market carriers in the 12 Florida counties that were the first to take the brunt of Hurricane Irma
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Delayed shariah-compliant Lloyd's start-up Cobalt is in advanced sale talks with National Standard Finance, an infrastructure and debt investor based in Sandy Springs, Georgia, The Insurance Insider can reveal.
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Outgoing Willis Re global CEO John Cavanagh has begun work on the formation of a technology-enabled MGA that he will look to launch next year after leaving the big three broker, The Insurance Insider can reveal.
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The Corporation of Lloyd's has placed itself on a collision course with incumbent managing agents by entertaining at least nine full syndicate and special purpose arrangement (SPA) start-ups for the first half of 2018.
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Stefan Long's MGA start-up, now christened as Chord Re, has built out its team with the hire of property and risk heads and is poised to launch at 1 January