Reinsurance
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Howard Hughes Holdings agreed to buy the carrier for $2.1bn. -
Cedants are opting to bank double-digit savings as reinsurers fight for market share.
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The US insurer squeezed its retention in a renewal where cat treaty retentions are widely holding steady.
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The market is conceding some ground on wordings, after a tightening of conditions post-Ukraine.
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Market sources have also raised the prospect of moving the market beyond bureau reliance.
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What were the defining moments that shaped the insurance market in 2025?
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The facility provides solvency support via a fresh equity injection under various scenarios.
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The finance committee discussed shifting market dynamics as tort reform takes effect.
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Andrew Ealey joined Canopius in 2010 as a property treaty underwriter.
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Several of Henrietta Butcher’s former Tysers colleagues have also moved to Lockton Re.
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From 2026, the facility will also offer longer maximum construction periods.
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Los Angeles wildfires and SCS pushed US losses to $89bn.
