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The company said Helene claims have surpassed those of Hurricane Ian. -
It is understood that the TPA is working with Waller Helms on the process.
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After one good year, giving back margin now will be “inexcusable”, the executive said.
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The partnership is Fidelis Insurance Group’s first third-party capacity deal.
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Liberty GTS saw a 21% YoY decrease in R&W notifications across all its regions in 2023.
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The all-items index is up 2.6% for the last 12 months.
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A signal around Q4 adverse development has brought the carrier into the spotlight.
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Fema's traditional reinsurance programme will attach at losses of $7bn and above.
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This publication revealed that Chris Schaper would move into the role on an interim basis in July.
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Cat losses increased 14.6% to $91.6mn, driven by Hurricane Helene and Storm Boris.
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Q3 expansion was fueled by 9.9% of personal lines organic growth.
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Both executives will be reporting to EVP Bill Hazelton.
