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Brokers are pushing for a 5-10 percent rate increase on standard renewals.
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Adverse development and a withdrawal of capacity are expected to lead to increased pricing for loss-affected Latin American accounts.
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A creeping sense of optimism stems from specialty lines
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Prices notched up by 2 percent in the period, the highest bump since 2012.
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The CEO says early remedial action put the carrier ahead of the curve.
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Transaction numbers declined marginally year on year.
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After Hurricane Maria, it became clear that some insurers did not have sufficient financial protection in place.
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The firm has deployed just under half its remaining asset base in its 2019 portfolio, with significant sums locked up in side pockets at year end.
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InsurTech investment almost halved globally last year.
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The ratings agency predicts strong non-life underwriting results for the current fiscal year, despite hefty catastrophe losses.
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UK rates are up by 100 percent in many cases.
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D&O pricing has lagged behind claims activity for the better part of a decade, market experts say.
