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Global pricing is now 22% below the mid-2022 peak. -
MGA Amiga Specialty launched in May, with backing from investor BP Marsh.
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The report highlighted the gap between insured and uninsured attacks is widening.
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The toll of risk losses sustained by the PVT market this year is mounting.
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Dale Underwriting recently pulled out of standalone offshore energy business.
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Lockton Re has predicted major growth in the global cyber insurance market.
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Plus, the latest people moves and all the top news of the week.
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The mortgage insurer said Inigo will continue to operate as a standalone business.
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The acquisition furthers Howden’s expansion into the US retail space.
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The 2024-25 period has been the worst on record for claims, with costs of $775mn+.
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It said the loss did not reflect the underlying economic performance of the business.
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This publication revealed in February the incident was expected to lead to a major claim.
