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The P&C division booked a combined ratio of 81.1% for the first half of 2025. -
The estimate covers property and vehicle claims.
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Market leaders Atradius and Coface have both received in-principle approvals for a Lloyd’s syndicate.
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The reinsurer chair said the frequency of losses today “will prevent prices from slipping too much.
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Plus, the latest people moves and all the top news of the week.
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The P&C re segment’s combined ratio improved by 12.7 points to 61.0%.
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The Swiss carrier improved its P&C combined ratio by 1.2 points to 92.4%.
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The company also purchased $15mn of SCS parametric coverage.
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The specialty reinsurer also saw several bad investments hit the books.
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The executive joined Navigators in 2010 after eight years at White Mountains Capital.
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The transaction is expected to have a price-to-earnings multiple of 11x.
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