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The flat renewal follows a tripling of RoL on the programme last year. -
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The UK and Ireland have also seen “increased activity”, with four deals announced.
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The outgoing CEO will leave the company at the end of March 2025.
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The carrier said it expected its Milton losses to fall below its EUR500mn ($537mn) Helene loss.
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Only around EUR70mn-EUR140mn will fall to private insurers.
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The carrier’s Q3 net income will be around $100mn, far below consensus.
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The carrier’s retail division saw the largest growth at 4.7%.
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The carrier has pegged preliminary pre-tax Milton losses at less than $200mn.
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The carrier increased specialty premium by 39% by the nine-month mark.
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The carrier said activity across smaller and mid-sized natural catastrophe and risk events had been “elevated”.
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Nicola Gaisford joined RiverStone from R&Q last year.
