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The magnitude of the hurricane may impact reinsurers’ capacity deployment. -
Contrary to expectations that US casualty would dominate the conversations, Milton took the spotlight.
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It also reported that severity increased by 17% in the same period.
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Geopolitical conflict could expose the global economy to $14.5tn in losses.
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Increased interest follows ratings agency upgrades of Lloyd’s paper.
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The NHC is predicting storm surge, exacerbated by the tide, as high as 15ft for Tampa Bay.
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The D&O class has experienced huge rating volatility over the past four years.
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A hurricane warning has been issued for the east coast of Florida.
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Palestine Action alleges Allianz is involved in insuring the Israeli arms trade.
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The MGA said insurers competing on price was “not sustainable”.
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Benign claims activity and increased capacity are contributing to “competitive pressures”.
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The broker confirmed Darren Jones and Ian Curtin were also joining the firm.
