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Matthew Doherty joined the reinsurer in 2018 as SVP, property portfolio manager. -
The Canadian insurer saw property rates dip across its global divisions.
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The business posted a 95.2% undiscounted combined ratio.
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Scor's CEO said the P&C market had experienced a “competitive” first half.
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The firm will target mid-market risks with TIVs of $25mn-$1bn.
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The P&C segment posted an 82.5% combined ratio for the quarter.
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Millions are evacuating after one of the strongest earthquakes in modern history.
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The broker has noted that double-digit reductions are increasingly available in property.
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Insured losses produced the second highest first-half tally since records began in 1980.
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Wind season remains an important variable, but also might not change current dynamics significantly.
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Group CEO Tavaziva Madzinga said it might explore Lloyd’s Names backing in the future.
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Property rates declined by 7% globally in the second quarter.
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