Insurers
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Six wildfires are now burning in SoCal, with the Palisades fire being the largest. -
More than 4,000 acres are burning as thousands evacuate.
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Tim Watson most recently served as a senior credit and political risk underwriter.
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Trends leading into 2025 may indicate workers’ comp releases have peaked.
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The executive has also worked for AIG and Ace.
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Insurance Insider US dissects the largest and hottest deals of the year across segments.
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The company has been buying out Omers’ shares since 2015.
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The carrier doesn’t have big concentrations with distributors and conducts business with individual brokers.
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By contrast, capacity remains tight at the lead level.
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There has been increased W&I appetite in South American jurisdictions.
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The 2025 target would be ~25% larger than the $3.56bn it placed for 2024.
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The Class B notes on the carrier’s debut deal attach at $500mn of losses.
