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Fema's traditional reinsurance programme will attach at losses of $7bn and above. -
Allianz’s P&C unit booked natural catastrophe claims of EUR646mn over Q3.
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Cat losses increased 14.6% to $91.6mn, driven by Hurricane Helene and Storm Boris.
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Carlyle re-launched efforts to find minority investor last June.
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The minister highlighted London’s critical mass of expertise and tech innovation.
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The carrier’s shares declined over 17% this morning following Q3 earnings and strategic actions.
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Insurers should reform underlying data before using AI, according to experts.
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Panellists said the industry must work collectively to grow the London market pie profitably.
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Envelop Underwriting will bring all the firm’s underwriting into one framework.
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The CEO was responding to comments made by Chubb’s Evan Greenberg.
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Growth vs discipline, smart follow and M&A mean 2025 will be a mixed bag for London.
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The firm announced Q3 results alongside strategic actions that included an ADC deal with Enstar.
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