RenaissanceRe
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Reinsurers recognize the need for more rate for the risk being ceded, O’Donnell said on the firm’s Q1 call.
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The Bermudian (re)insurer posted a combined ratio of 72 percent in Q1 2019, a 1.4 percentage point increase year on year. -
Cunningham is the latest TMR underwriter to resurface in the industry.
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Nine broking houses made it to the ranking this year versus 54 underwriting firms.
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The second edition of the survey generated a ranking of 227 reinsurance professionals
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David Martin will report to deputy global reinsurance head Matthew Wilken.
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After Hurricane Katrina, a slew of big composite insurers including Axa and Chubb spun off their reinsurance arms, citing their excessive volatility.
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The firm’s moves to add new pools of risk will not extend to a major shift into primary lines.
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The blockbuster $1.5bn deal grows RenRe to a $3.9bn-premium reinsurer.
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Much of the executive team is leaving as the firm’s $1.5bn sale to RenRe nears close.
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Nephila, RenRe and Validus go on the record with this publication on the forthcoming 1 June renewals.
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Aside from the noise around elevated catastrophes and lacklustre renewals, Q4 underlying loss ratios continued to rise.
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