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The California fires will test post-2018 treaty revisions – and reinsurers’ nerves. -
Somers Re is valued at ~$1.3bn, according to disclosures made in Arch’s Q3 2024 SEC filings.
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Guy Carpenter said personal-lines exposure would account for 85% of the aggregate loss.
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The insurer will focus on UK regional growth and opportunities in cyber for the coming year.
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The executive will report to Colm Holmes and Dick Volger in his new position.
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Theo Norris joins from Gallagher Re, which brokered one of the first 144A cyber cat bonds.
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The executive said that the fragmentation of the European market has proved a barrier to entry in the past.
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In Partnership With Allianz CommericalWhat is fueling the intense mergers and acquisitions activity in the MGA space, and how is it shaping the competitive landscape?
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Panellists discussed the softening market, and what would flip the switch on rates.
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The reinsurer has made improvements to its life and health segment, it said.
