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London reinsurance sources said the pool has done very little to improve the attractiveness of Australian cat business. -
The UK subsidiary of Carrick will acquire BMS International Insurance DAC and Seamair Insurance DAC.
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Future deal flow in the US could come from more adequately reserved liability lines.
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Munich Re's core message this year is that its risk appetite is “quite stable”.
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CEO Thierry Léger claims the “insurability” of global risk is becoming “challenged”.
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Brics UW will allow emerging-market reinsurers to tap into London’s distribution.
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The reinsurer constructed a “social inflation index” for a new study.
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Neil Strong, Richard Holden and Jonathan Reiss have also joined as the leadership team is built out.
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In his first interview as Swiss Re CEO, Andreas Berger acknowledged the mistiming of casualty growth, a purist approach on reserving and organisational complexity.
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Fitch, S&P and Moody’s have highlighted the potential for deterioration in US casualty lines to impact the outlook for the reinsurance sector.
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Outdated data, widespread underestimation of insured values and rises in repair costs have increased loss creep.
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Oak Re Syndicate 2843 will commence underwriting from 1 January 2025.
