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The LA fires and spring storms drove CinFin's CoR up 19.7 points to 113.3%. -
The executive was most recently at Oliver Wyman after joining from AIG last year.
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The firm acquired total assets of $65mn and assumed liabilities of $11mn.
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Q1 rates in most lines were consistent with prior quarters but slightly down on 2024.
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Secondary perils are no longer so secondary, but the losses are already priced in for commercial property.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Sources said JP Morgan and RBC are advising the brokerage.
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The deal is expected to close in the second quarter.
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Here’s the five-pillar playbook for insurers ready to move from pilots to profit.
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The ex-Ategrity CEO launched Pivix Specialty in September 2024.
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The Lone Star State has seen rapidly increasing rates in recent years.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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