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The MGA secured backing from buyout heavyweight KKR in March 2021. -
Andrade flagged expected 5% to 10% increases in the US and Europe.
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He will oversee the launch of Tokio Marine’s new excess casualty line.
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Reinsurance capacity is largely stable but that doesn’t mean discussions will be a smooth ride.
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Idaho and Minnesota far outpaced other reporting states in premium growth, stamping office data shows.
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Reinsurers will likely push for double-digit US premium rate increases.
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Umbrella was the exception, ticking up slightly on the month.
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This is in large part due to the current legal environment and inflation continuing to push medical pricing up.
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The top four lines posted low-single digit to high-single digit policy count growth.
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Executives flagged elevated packaged auto loss activity in Q2.
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Markel executive Alan Rodrigues will lead the unit.
