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Cat losses in reinsurance rose 11.1% year over year to $45.1mn, driven by Hurricane Helene. -
The firm had owned 3.45 million shares in Q2, then valued at over $256mn.
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Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.
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Allianz chief underwriting officer Shanil Williams will take over the executive’s responsibilities.
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A quick roundup of today’s need-to-know news, including Third Point/AIG, Aspen results and California regulation.
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Moyles will serve as co-president alongside Tom O’Neil.
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Reserve releases for the year-to-date are higher than in prior years despite elevated concerns on casualty trends.
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The report aims to plug the gap in insurance-specific guidance.
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The executive will build out Hamilton Americas property team and a book targeting commercial E&S risks.
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The year-to-date CoR was down 9.5 points to 102.8% compared to 2023.
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A quick roundup of today’s need-to-know news, including Tristar's investor search and Fidelis on property discipline.
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Lee succeeds Neill Currie, who will become an independent director.
