Munich Re
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The two biggest reinsurers are said to be taking up a leadership role as the market starts to address the T&Cs challenge. -
Major reinsurance carriers like Munich Re, Hannover Re and MS Amlin are significant providers to some of the state's regional carriers, analysis suggests.
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The reinsurer’s CEO predicts two “very good years” as the rate environment improves.
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The reinsurer, like other carriers, is currently excluding the peril from events cancellation cover.
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CUO Golling calls for government-backed national pools with parametric triggers and mandatory coverage.
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The carrier will also take low triple-digit-million euro hit from Laura, Hanna and Isaias.
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The top 10 carriers continue to write the lion’s share of global premiums.
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First-half executive commentary also reveals Hannover Re is allocating capital for growth as Scor continues portfolio review.
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Move comes amid double-digit rate hardening in the US commercial auto market.
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The airline has said that it does not expect a total loss to the $200mn policy with the aircraft repairable.
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The carrier’s top team says price increases are now spilling over into loss-free lines and regions.
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Investors react after the carriers’ group earnings almost halve year on year.
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