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The reinsurer’s “refreshed” strategy to focus on AI and a new share-buyback programme. -
Several Lloyd’s syndicates are also now providing cover for the federal insurer.
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The company had argued the judge missed key info when dismissing the case.
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China Taiping has been identified as the building owner’s insurer.
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The reinsurer is offering pricing incentives to members to reintegrate cover.
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In mid-morning training, the share price had fallen by 12%.
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In this final instalment, we argue that investing in personnel is as critical to success as the tech itself.
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Call for public and private partnership in cyber are not new, but sentiment remains divided.
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The peril has been historically difficult to model compared to others.
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Habayeb will start next May following Kociancic's retirement.
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After a challenging period, the industry is now earning above its cost of capital.
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Carriers posted weaker top-line results but delivered improved combined ratios.
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David Croom-Johnson will now focus exclusively on CEO duties.
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The reinsurer said discipline was now “equally important as price”.
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The reinsurer is “well on track” to achieve $4.4bn in net income for the full year.
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The executive said that outside of property cat, renewals will be “relatively stable”.
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After outsized losses, the (re)insurer still sees opportunity in a softening market.
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The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY.
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Rohan Davies joined Markel International 17 years ago as an underwriter.
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P&C GWP grew by 7.1% to EUR26.8bn over the period.
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The shuttering of Munich Re Ventures reflected a focus on the reinsurer’s “core offering”.
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The group raised its full-year net income guidance to EUR2.6bn.
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Specialised service providers like CDK can pose more frequency risk than global operators.
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The UK-based insurer’s Florida Re secured state regulatory approval in June.
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On a net basis, premiums written were up 4.7% to $641.3mn.
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The carrier’s top line grew to $1.4bn in the first half of 2025.
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Insurance penetration varies, but hotels have “near-total” coverage and strong limits.
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The storm devastated Jamaica and Cuba, but insurance penetration on the islands is low.
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The June 2024 ransomware attack produced claims across many firms.
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Industry-wide initiatives continue to target expanded youth access to the sector.
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The carrier’s retail division saw premiums increase by 7.3% to $2bn.
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T&Cs, as well as exclusions, remain largely unchanged, the executive said.
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The carrier is continuing to reposition its portfolio to drive more consistent returns.
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Interim CUO Nick Pritchard turned in his notice in August of this year.
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Widespread underinsurance and low exposures will limit losses.
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Citi and Berenberg believe the carrier is more resilient than in the past.
