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The potential deal has major advantages for both Howden and its target – and would remove a major consolidation opportunity from the market.
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More scrutiny on the remuneration of delegated authority business is well overdue.
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(Re)insurers are steadfast on the need for underlying tort and roofing reform – but failures might mean emergency measures are also on the table.
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The Ukraine-Russia crisis has thrown both the science and the art of reserving into light.
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The Bermudian has painted its reinsurance unit in an unfavourable light – and that will be hard to counter.
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The deal provides Tysers with much needed stability and a firmer footing from which to tackle its challenges.
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There are still some hurdles preventing widespread ILS adoption of cyber risk, but momentum should increase.
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The Bermudian is trying to cement its pivot into specialty insurance – but selling the reinsurance unit may prove tricky.
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The conflict is a live cat that could last months and crucially, has straddled a significant reinsurance renewal date.
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London market businesses must increase supply if they can’t keep up with demand for talent.
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A $90mn capital charge relating to the former Ace run-off asbestos book is a bear signal for the wider legacy market.
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The London market wholesaler stands to gain a variety of benefits from a possible Australian owner.