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The group claims the White House is undermining disaster preparedness. -
The Bermudian reiterated its pledge to improve performance.
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The US has been lucky over recent decades to avoid a $100bn insured hurricane event.
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The CEO said the carrier will prioritise margin over top-line growth.
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The carrier’s profit grew 34% for the year to A$1.35bn.
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The forecast has increased since the early July update due to several additional factors.
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The carrier’s overall P&C combined ratio improved 1.8 points to 91.2%.
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California wildfires account for $40bn of the insured loss tally in H1.
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The French carrier’s first-half revenues were driven by 6% growth in P&C.
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Millions are evacuating after one of the strongest earthquakes in modern history.
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US events accounted for more than 90% of global insured losses.
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Volante joins capacity providers Allianz and Tokio Marine Kiln.
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