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The Japanese company announced the $3.5bn deal today, three months after the Bermudian completed its IPO. -
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Lawmakers are seeking input on risk evaluation, limits and other concerns.
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He succeeds Felix Cassau, who is joining Hannover Re.
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Aspen would give Sompo more reinsurance scale, more US premium and a Lloyd’s presence.
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This publication revealed yesterday that the two were in detailed takeover talks.
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Sources said that detailed discussions have taken place, with a clear path to a deal.
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Besides Russia-Ukraine losses, the Air India crash losses totaled $26mn.
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Nat-cat events triggered A$1.36bn of losses during the year.
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The London carrier missed consensus on gross and net premiums for H1.
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The Hannover Re CEO said rate adequacy remains “attractive” overall.
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