May 2018/3
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Global broking might not be a new idea, but Aon's latest evolution is undoubtedly a bold move.
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This publication's legacy survey found just 29 percent of the market were hopeful the Rhode Island legislation would serve as an effective transfer mechanism in the coming year.
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Rates in primary habitational and hotels and dealers’ open lot insurance are accelerating faster than in the wider property market.
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A brace of JC Flowers deals and a third from AssuredPartners continues trend.
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The retro writer said its 2017 portfolio loss would rise to 41 percent of net asset value.
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Both 1.1 and 1.4 renewals concluded with only minor rate gains.
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Bermuda gross written premium increased by 20 percent to $15.0bn in Q1 2018.
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Bermudians' prior-period reserve development ratio is at its lowest level since at least 2010, excluding Q1 2017.
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New business growth and increases in rates helps reinsurance divisions outperform the primary units.
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Given how much of its asset base was locked up if not lost, the fact that it pulled off the feat of bringing in more than $2.3bn to enable it to renew its portfolio for 2018 was impressive.
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The Insider 50 inched up by 0.3 percent to reach 1,139.20 index points last week.
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