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Lloyd's accident year ex-cat loss ratio jumped by 5.6 points, year on year, to 58.9 percent for 2017, as the full effect of a prolonged soft market was laid bare.
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Access Insurance tried to avoid liquidation by finding additional capital but failed, the South Carolina insurance regulator has confirmed
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US carrier AmTrust has said it has swung to a net loss of $334.9mn for the 2017 financial year as the company prepares to go private.
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SunPoint, the legacy platform backed by Fosun, is the carrier for Aspen's $125.5mn loss portfolio transfer (LPT) for its US primary casualty business, The Insurance Insider understands.
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A spate of losses in the UK trade credit market has led some in the sector to be optimistic on increased rates.
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A spate of losses in the UK trade credit market has led some in the sector to be optimistic on increased rates.
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Catastrophe data aggregator Perils has cut its loss estimate for last year's cyclone Zeus by 4.2 percent in its final evaluation of the damage.
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Property insurers are set to pay out around $50mn to Virgin founder Richard Branson for damage relating to his private Necker Island resort, The Insurance Insider understands.
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Property insurers are set to pay out around $50mn to Virgin founder Richard Branson for damage relating to his private Necker Island resort, The Insurance Insider understands.
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Liberty Mutual's fourth-quarter pre-tax operating earnings fell 61.5 percent to $165mn from the year-earlier period as net catastrophe losses surged 69 percent to $450mn, the Boston-based carrier said late Monday.
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Allianz Global Corporate & Specialty is the lead insurer on a Mexican helicopter loss that is set to cost the aviation market up to $44mn, The Insurance Insider can reveal.
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Catastrophe-loss aggregator Perils has cut its estimate for extratropical cyclone Doris to EUR248mn ($305mn).
