Issues
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Both 1.1 and 1.4 renewals concluded with only minor rate gains.
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Given how much of its asset base was locked up if not lost, the fact that it pulled off the feat of bringing in more than $2.3bn to enable it to renew its portfolio for 2018 was impressive.
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The Insider 50 inched up by 0.3 percent to reach 1,139.20 index points last week.
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Patricia Mills of Chaucer soars to third place in the second edition of The Insurance Insider's survey
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Chaucer’s Bauckham and CNA Hardy’s Powell top PV underwriters, this publication's second survey reveals.
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The US insurer has returned to the cat bond market to renew a $300mn cover.
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Final pricing on the $450mn Caelus Re comes in at the low end of a revised target range.
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The retro manager’s 2017 losses have jumped to more than 41 percent of net asset value from a previously predicted 28 percent.
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Action is needed to reduce uncertainty around the final risks, notes Harvesting Opportunity.
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Survey respondents also name consolidation as a key way to improve efficiency
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InsiderTech Silicon Valley attendees also told to expect further wave of failures.
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Panellists at the Chicago conference discuss ambiguity around policy wordings and fears about massive BI-related losses.
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