Markel
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Other significant reductions in this publication’s running SBF approval tally include Aspen 4711, Markel 3000 and Hiscox 33.
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Stamp movements show the aftermath of this year’s tough planning season.
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Pantaenius GmbH will gain access to the London market and potential capital from Markel.
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The storms will reduce the net asset value of securities in the Catco Reinsurance Opportunities Fund by as much as 9.8 percent.
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Aggregate loss activity will trap retro capital for a second year running, as disappointing returns set up expectations for reduced capacity.
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Above-average cat losses dominate discussions during the P&C earnings season.
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The carrier will continue to accept cargo risks but has curtailed standalone subsea business.
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The ILS manager will continue to operate largely independently following the completion of the deal.
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The Virginia carrier’s Brexit planning progresses following the authorisation in July of its Munich company.
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The 2018 conference season has finally come to a close in North America, with the Property Casualty Insurers Association of America’s event in Miami last week bringing the curtain down on this year’s major industry gatherings.
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The all-cash purchase price fell slightly below initial expectations of a $1bn-plus valuation for the Bermudian manager.
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The Virginia-based insurer shone on equity gains as its reinsurance segment was once again hit by cats.
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