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The 1.6 renewals have further highlighted the inelasticity of cat reinsurance pricing.
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The insurer says it has officially exited the run-off life and annuity business.
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Property losses in 2017 spurred premium rate gains that could be short-lived. -
The insurer now has reinsurance for up to $3bn of losses from a Florida hurricane.
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Ellicott City is in worse shape than two years ago, one official believes.
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The investment marks the next phase in Allianz's move to expand its African presence.
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Axa moves to adapt auto insurance to the sharing economy in France.
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A trio of agencies have collectively estimated 13 named storms, at least six hurricanes and two major hurricanes.
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None of the run-off deals in Q1 involved the transfer of asbestos, pollution and other health hazard liabilities.
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CEO Emmanuel Clarke says higher interest rates dealt a short-term blow to earnings.
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Removing language involving commutation of contracts is a key aspect of the legislation.
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Nearly 100 more hurricane-related fraud investigations remain under way.
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