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The two parties are targeting a launch by the end of the year, with scope for WTW to buy the start-up at maturity. -
Renewals will depend on clients’ ability to differentiate themselves from broad-brush trends.
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The ratings agency said the global reinsurance sector is in “an even stronger position than a year ago”.
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“They want to grow their portfolios,” Guy Carpenter's CEO added.
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The ratings agency said reinsurers were reaping the benefits of ‘a long upward trek’ of remediation.
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The ratings agency forecast a slowing pace of property cat rate increases in 2025.
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Reinsurers continued to diversify into primary and specialty business.
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Will Curran joined the Lloyd's syndicate earlier this year.
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The insurer said once firms give up lower attachments or aggregates they “simply do not get them back”.
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4809 Broker’s client base includes reinsurers, banks, funds and PE firms.
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The carrier continued to expand in property and specialty, especially non-cat exposed business.
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