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Insurance will be one of five priority growth opportunities in financial services. -
Acrisure’s syndicate launched in 2023 with an $84.4mn stamp.
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Nat cat pricing is expected to be more or less flat, with rises on loss-affected programmes.
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The number of Corporation roles potentially impacted remains unknown.
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Good leaders and embracing data are key, panellists said.
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The group reported a combined ratio of 91.2 for the period.
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The stock price rose as analysts declared the L&H reserving review better than feared.
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Swiss Re reported some $743mn in catastrophe losses for Q3 alone.
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The carrier has also completed a review of its L&H unit.
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The company said it is still on target to achieve $3bn net income for the full year.
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After one good year, giving back margin now will be “inexcusable”, the executive said.
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The partnership is Fidelis Insurance Group’s first third-party capacity deal.
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