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The company said $13bn-$22bn will come from wind damage.
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Sources said that Nacional would only consider a bid north of $150mn.
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Earlier this week, RMS estimated insured losses for Helene and Milton at $35bn-$55bn.
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Siobhan O’Brien will exit her current role as head of cyber centre of excellence for international.
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The underwriting executive will support Axis through the 1 January reinsurance renewals.
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CEO of WTW’s Corporate Risk and Broking for North America, discusses the transformation in operations, diversity, and talent strategy.
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Prior to the event, clients were expecting a “very competitive market environment”.
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Randy Fuller, Head of North America Property at Guy Carpenter, discusses market stability, hurricane impacts, and the evolving role of claims professionals on October 1st, 2024.
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The catastrophe loss estimate for September totalled $889mn, pre-tax.
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CEO John Doyle said global property rates were down 2% versus flat in Q2.
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Organic growth fell by 1 point quarter on quarter and was down by 5 points from Q3 2023.
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The new proposition will offer £10mn primary cover and £15mn limit for XoL.