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Uncertainty around court outcomes is almost forcing carriers to settle claims.
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Continental cedants are looking for support for third and fourth events.
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In Partnership WithEuropean casualty business is not exposed to the challenges of the US market, with its social-inflation pressures, Aon co-CEO of reinsurance solutions EMEA Tomas Novotny reiterated during a video interview with Insurance Insider at this year’s Baden-Baden conference.
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Loss-free accounts are expected to be oversubscribed by as much as 140%.