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Regional per occurrence deals were also down compared to last year, but Validus lifted its retro cover by $75mn.
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This publication outlines five takeaways from Swiss Re’s 2020 results, which revealed a 11% cut in premium at 1 January. -
Plus an update on European (re)insurer results and all this week’s top news.
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The CEO lays part of the blame for the UK’s Covid-19 BI woes at brokers’ door.
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Argo is looking to redeploy capital from reinsurance and into high growth US E&S.
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The new board member has worked for the Agnelli family for over 20 years.
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The local underwriting head steps up to run the Irish operation.
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The company also lowered the attachment points on its per-occurrence and aggregate property catastrophe treaties after shrinking its portfolio.
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The new recruit led casualty at Neon before the operation was shuttered last year.
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The executive joins after a decade at PartnerRe and will have a dual focus at the broker.
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The buyer will use the acquisition to expand Arena beyond Belgium and into other European markets.
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The agreement will initially focus on political risk and trade credit, energy and property business, with up to $25mn of capacity per risk.
