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The man is alleged to have conspired with others to falsify LOCs and collateral letters. -
The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.
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The programme will succeed the previous buyback launched in 2023.
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Gallagher Re said rates had softened in 2025 versus the prior two years.
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Sentiment at the ILS Connect event hosted by Insurance Insider ILS was generally positive.
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We assess the Bermudian’s standing amid waning investor sentiment and economic uncertainty.
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The state insurer of last resort is set to purchase $2.89bn of reinsurance this year.
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Its 2025 programme exhausts at $9.5bn excess $1bn.
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The firm acted as the front for Trouvaille Re, the E&S property sidecar for MGA AmRisc.
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Being the “new kid” has created interest in the market, Mereo CEO Croom-Johnson added.
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The industry loss data provider also increased its estimate for Hurricane Helene to $15.3bn.
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The broker has also hired fellow Aon broker Barry Gordon in a role trading ILWs.
