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In the US, the index fell 6.7% year on year.
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Despite predicting fewer hurricanes, the numbers are still above average.
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The Cathal Carr-led carrier has been building its team since launching this year.
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Demand and growth opportunities remain ample despite competitive pressures.
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Arturo Pelaez will continue in his managing director role at Brookfield Asset Management.
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It is the second deliverable of the FIT Transition Plan Project.
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The managing agency is offering 62p per £1 for 2026 YoA capacity.
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The awards will be held on 3 September at The Brewery in London.
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The cost comes in at $530.6bn, roughly $20mn lower than budgeted.
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SRCC exposures are being studied more closely but fixing aggregation issues is a challenge.
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The carrier said the cuts will help it to become a “simpler, digital-led business”.
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The investment comes amid expectations of a new cycle of deals.