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Market share data points to about a 1 percent loss share for both Scor and Hannover Re, notes analyst Philip Kett.
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If one thing was apparent this week in the French-speaking principality of Monte Carlo it was the collective “bof” that delegates emitted about the imminent arrival in the US of Hurricane Florence.
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The storm’s centre is forecast to pass between Bermuda and the Bahamas today and approach the coast of North Carolina or South Carolina on Thursday or Friday.
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Liability cover and a separate D&O policy held by the bridge operator’s parent could also come into play.
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Both AIG and Allstate turn to aggregate protections following sequence of mid-sized losses in 2017.
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The carrier has a 19.44 percent share for homeowners' risks and 18.72 percent for private auto.
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The class of business reported a combined ratio of 130.3 percent for the year.
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Another Monte Carlo with hurricanes attached.
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It was previously managed on a rotational basis by Munich Re sand Swiss Re.
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The storm struck the Japanese island of Shikoku last week at the equivalent of a Category 3 hurricane.
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The storm could hit the southeastern US from as early as Wednesday night, according to the National Hurricane Center.
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Tropical Storm has 50% chance of hitting the Eastern seaboard.