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Reinsurers will likely push for double-digit US premium rate increases. -
She replaces interim COO Kirk Maddern, who retires at the end of the year.
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The Big Four warned of an uncertain, complex outlook for 2025 and the 1 January renewals.
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A roundup of the breaking news, C-suite interviews and exclusive insights.
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Pricing expectations are still not aligned on higher-risk coverage options.
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The underwriting venture, Florida Re, will target both US and LatAm markets.
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Despite potential claims stretching into the billions, the events are not expected to shift the dial on pricing.
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The firm will split its global combined cat program into two layers.
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Reinsurers are tightening their grip on certain specialty lines to make sure they remain profitable, say senior executives participating in our virtual roundtable.
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Flooding from the remnants of Hurricane Debby has taken carriers by surprise.
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The company is currently “underweight” in that line of business, he added.
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Some Canadian cedants have approached the market for top-up cover.
