Lancashire
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The CEO backs Lloyd’s decision to hone the focus of its Blueprint on three areas this year.
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Improved pricing, a strong investment turnout and lower catastrophe losses propel profit more than threefold.
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Earnings come in well ahead of expectations at the Alex Maloney-led group. -
The equity research firm said Beazley and Hiscox would be challenged by their casualty exposure.
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Hiscox outpaces the FTSE 100, while Lancashire and Beazley fail to match the FTSE 250 growth.
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The executive, now chief accounting officer, will replace current finance chief Elaine Whelan in March.
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The carrier wants to use capital for underwriting rather than a special dividend.
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The (re)insurer flags $33.2mn of losses from Hurricane Dorian and Typhoon Faxai.
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The rebadging comes four years after the exit of the original top team.
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Swiss Re is the (re)insurer likely to take the largest overall loss of the eight companies studied.
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Kinesis deployed 50 percent more limit year on year while RenaissanceRe grew its DaVinci sidecar.
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Claims inflation looks set to squeeze reserve releases and offset the impact of rate rises.
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