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The carrier attributed the intensification of storms this season to climate change.
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The Lloyd’s (re)insurer is looking to execute a five-year plan to double GWP to $3bn.
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Robert Salzmann has been with the Swiss Re insurer for a decade.
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The 2024 hurricane season stayed within predictions for high activity but lacked market-moving events.
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The Class B notes on the carrier’s debut deal attach at $500mn of losses.
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The start-up has secured BMA approval as it looks to a 1 January kick-off.
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Jelle Ouwehand joined Arch from Marsh, where he was a senior terrorism, PV and war broker.
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The additions included significant reserve bolstering for recent year portfolios 2021-2023.
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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 stock price rose as analysts declared the L&H reserving review better than feared.
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The market reacted to the $2.4bn charge in a positive light.
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Fema's traditional reinsurance programme will attach at losses of $7bn and above.