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The company said it is still on target to achieve $3bn net income for the full year. -
Fema's traditional reinsurance programme will attach at losses of $7bn and above.
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Carlyle re-launched efforts to find minority investor last June.
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The storm caused major damage to one of the drinks company’s warehouses in Tennessee.
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Their new guide sets out the factors (re)insurers should consider when defining a major cyber event.
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The carrier said it expected its Milton losses to fall below its EUR500mn ($537mn) Helene loss.
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The carrier’s Q3 net income will be around $100mn, far below consensus.
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The carrier’s retail division saw the largest growth at 4.7%.
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The carrier has pegged preliminary pre-tax Milton losses at less than $200mn.
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The A&H market had improved performance between 2020 and 2023.
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Most of the losses derive from France.
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The firm will provide an update on 22 November to avoid holiday season.
