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The measures also seek to encourage greater wildfire mitigation efforts. -
The sidecar will support five programs providing specialty frequency coverages.
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The assistant treasurer is also due to review the Australian cyclone pool.
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From aviation claims to retention challenges, underlying dynamics will take time to play out.
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Models anticipate a busier second half, particularly in the next few weeks.
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The carrier’s US and Europe claims teams will report to Clayden.
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The platform aims to “bend the loss curve”.
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The syndicate is targeting capital allocation for 1 January, the company confirmed.
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Cedants target methods of reducing pressure on earnings as reinsurers chase growth.
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The carrier’s chief buyer urged a partnership approach from reinsurers.
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Sources said that the carrier has held preliminary talks with private debt investors.
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Despite high profile losses, there’s ample capacity in marine and aviation, while PV has seen healthy profits.
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