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Former Aviva and AIA CEO Mark Wilson will lead the new initiative. -
The firm expects to replace the volume with Innovations-channel business.
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The (re)insurer used alternative capital in the reinsurance coverage.
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Hamilton also expects rising demand and stable supply for 1 June renewals.
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The team will focus on building out Miller’s property treaty, retro and ILS capabilities, it’s understood.
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The IPO was announced at the end of April, targeting ~$2.6bn-$2.9bn.
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Q1 adverse reserve development went down to $4.2mn from $5.4mn a year ago.
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Ark's combined ratio included 25 points of catastrophe losses in Q1.
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The specialty carrier is braving volatile macroeconomic conditions in a second effort to list.
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Gallagher Re said rates had softened in 2025 versus the prior two years.
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Till Wagner and Felix Rollin have been named executive board members in Germany.
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The CEO expects overall P&C pricing to be “stable” through 2025.
