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The group reported strong underwriting results in all major overseas P&C segments. -
The estimate covers property and vehicle claims.
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The organisation has released its mission for 2025 and signed a MoU with the ABI.
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The broker attributed the drop to smaller average deal sizes over the quarter.
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Genna Biddell will report to Brad Melvin, president and CEO, BMS Re US.
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The Australian carrier disclosed A$426mn in net cat losses during H1.
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The carrier is “extremely well capitalised” to achieve its strategic ambitions.
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In Partnership With Greenberg TraurigFred Karlinsky, Chair of the Insurance Programme at Greenberg Traurig, discusses Florida's impactful tort reforms, third-party litigation funding, and the booming E&S market's future.
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Newer swing products offer an alternative way to deal with escalating awards.
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Its post-tax estimate of $1.3bn is net of reinsurance recoveries.
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Underinsurance, total loss claims, and high property values have impacted loss estimates.
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The annual claims totalled £5.7bn, the largest amount paid out in any year.
