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The moves follow years of market malaise in the property sector.
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The funds will make this the company’s sixth, seventh and eight investment vehicles.
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At today’s pricing, most property cat is still a good write for a vast pool of non-insurance capital.
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The MGA plans to enter the Canadian property, casualty and automobile markets with the new appointments.
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High-single-digit to low-double-digit advance driven by big increases on wind and flat quake renewals.
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Raging fire at Intercontinental Terminals Co’s facility has reginited while a wall holding back toxic liquid has collapsed.
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The insurance policies are underwritten by HDI Global.
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The news follows on the back of AIG discussing concerns over concentration in private client group
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The modelling company’s range for the European storm is significantly higher than the $680mn cost forecast by actuarial consultants Meyerthole Siems Kohlrus.
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When I am interviewing prospective new reporters, I always make sure I counter any lingering impression they may have that a career in insurance journalism is going to be in any way boring.
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Discussions ahead of the midyear renewals are now beginning in earnest.
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RMS says 9,000 households remained without power as of Monday following the deadliest day for tornadoes in the US for almost nine years.