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The data and analytics head said investment strategies still hadn’t changed radically despite suboptimal returns for more than a decade. -
Occurrence retro rates are among the segments where rate pressure is abating, although the outlook remains somewhat opaque in a late renewal.
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This event brings total Australian hailstorm losses to over A$3.64bn in 2020, Perils said.
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The regulator says it wants a clear position on the issue as soon as possible after the Supreme Court ruling on the BI test case.
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The carrier will take a smaller line than initial backers PartnerRe and Swiss Re.
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Both storms had landed in the country as category 4 storms within a two-week period.
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The North America property underwriter joins from Markel alongside a slew of former Hiscox colleagues.
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The reinsurer was placed under review in March amid turmoil in its management.
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In its 2025 strategy, the carrier flagged “ample” opportunities in reinsurance and plans to expand in US specialty
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The leading reinsurer pledges to boost earnings per share by 5% annually within five years.
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RSA’s Scandinavia finance chief will replace Mark Allan, who is moving to run new syndicate Ki.
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The ratings agency said supply-demand dynamics had improved, but thinning reserve cushions could prove a headwind to companies.
