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The rating agency cited the reinsurer’s balance sheet strength and parental support in its decision.
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The company at the center of the opioid crisis is now struggling to renew casualty cover expiring 1 October. -
The Corporation predicts £7bn in new business will be written this year.
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Property swings back into the black while the market overall moves to an underwriting loss.
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The Insurance Insider gives you a run-down of everything you need to know from the reinsurance conference.
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Supply chain sub-contracting agreements are watering down liability cover, according to some insurance executives.
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The company filed for bankruptcy after a fire tore through a Philadelphia refinery on 21 June.
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State officials advised carriers to settle claims swiftly or face "disciplinary action".
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More than 20 other carriers are still pursuing the case, including Markel, Chubb and Munich Re.
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DropIn founder Louis Ziskin explains how his InsurTech can slash claims costs and curb fraud.
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The proposal would provide less than half of what insurers are seeking.
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The Bermuda (re)insurer exits management liability, along with marine hull, power and product recall.
