Lancashire
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Beazley, Hiscox and Lancashire fared better in 2018 than the prior year but profits could mask deteriorating fundamentals -
CEO Alex Maloney said opportunities had arisen in the aftermath of the Lloyd’s performance drive.
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Shares rise more than 5 percent after the company beats expectations and delivers a positive outlook.
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Trapped collateral after recent catastrophes could buttress pricing, the analysts say.
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The Insider 50 contracted by 5.6 percent last week.
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Above-average cat losses dominate discussions during the P&C earnings season.
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The Insider 50 reached 1,132.6 index points last week as carriers post robust Q3 earnings.
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Peter Scales’ syndicate lifts its stamp capacity by almost a fifth.
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The Insider 50 reached 1,103.1 index points last week as all sub-groups in the index post gains.
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Jebi, Mangkhut and Trami take their toll on the carrier's results.
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Analysis supports market commentary that after a trend of more centralised reinsurance buying, cedants are now buying more reinsurance.
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