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Swiss Re’s group CUO Thierry Léger has explained to Insurance Insider the rapid progress insurers need to make in the next decade, adding that “every year counts”. -
The incoming CEO flagged cyber and property cat as areas requiring further pricing attention.
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The carrier continued to benefit from rate increases across its segments during the first nine months of 2021.
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The business began underwriting at the beginning of 2021 following an $830mn capital raise.
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The marine specialty unit will include marine PI and transport logistics and freight forwarder business.
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Review of quarterly financial updates released so far shows Bermudian carriers wearing major losses.
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Plus the latest impact of cat activity on reinsurer results and all the top news from the week.
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Willis’ latest InsurTech briefing shows how a small group of InsurTechs are securing the lion’s share of investment via $100mn-plus mega-rounds.
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Generali has proposed to acquire the shares of Cattolica it does not already own.
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The company cited “substantial support” from investors on the updated terms.
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Rachael Wallington has been promoted from her current role as lead class underwriter for agriculture reinsurance.
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People movement is picking up in the sector, which is experiencing broadly stable rating thanks to ample capacity.
