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Prices at 1.6 look likely to remain depressed by competition.
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Gross written premium rises to $1.16bn in the first quarter.
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Surging Geico profit and the US tax cut help produce insurance earnings of $407mn.
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Rates likely to be no better or worse than today, Lancashire’s CEO warns.
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The CEO expects clarity on the carrier's ownership before the hurricane season.
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Shares in the carrier rise sharply after a significant improvement in the loss ratio and reserve releases propel earnings past forecasts.
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Gallagher chairman and CEO predicts no return to a soft market "anytime quickly".
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First quarter earnings disclosed by carriers so far have shown positive headline results as underlying loss ratios improve.
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Ahead of the PLUS cyber symposium, the development of the cyber market remains a hot topic.
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Executives share their views on pricing across primary and reinsurance lines in Q1.
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In a trading update, JLT said rate increases had been largely limited to loss-hit sectors.
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In the no-nonsense style for which he is well known, Evan Greenberg made short work of the argument for doing business at Lloyd’s.