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The Australian carrier centralises its inwards reinsurance operation within the international segment. -
Pandemic recoveries are expected to tail off as cat aggregates are exhausted, while pricing trends are positive.
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Berkley has said it will offer 100% reinsurance protection for clients, or will happily share risk with cedants.
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Companies with strong brands still fall down on “traditional success criteria”, the InsurTech head says.
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RenRe said it had “ample dry powder” even after fully deploying its $1.1bn 2020 capital raise.
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His predecessor left the business following his conviction for assaulting his then-partner.
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The CEO said the French reinsurer will avoid court cases where possible in pandemic coverage disputes.
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Marine insurance and reinsurance are target business areas, the project partners said.
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CEO Brendan McManus outlines his ambitions following the Apax Partners deal.
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The Convex CEO reiterates his prediction of a potential $200bn casualty-reserving deficit and anticipates a similar amount of Covid claims.
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The organisation will also undergo a strategic review to reassess member support as they work remotely.
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The London-based investor says its 20% stake in the Australian MGA is now worth $10.5mn.
