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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
Respondents attributed this increase to inflation’s effect on property valuations and the cost of goods, as well as to the natural catastrophe losses.
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United Insurance Holdings said it had fully exhausted its personal lines reinsurance cover on the event, rendering its personal lines carrier insolvent.
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He is responsible for managing the specialty carrier’s general liability portfolio including binding authority, wholesale casualty, which is offered on a primary and excess basis, and related programs.
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RACQ will cede net reserves of approximately A$360mn (~$247mn), and Enstar will provide around A$200mn (~$130mn) of cover in excess of the ceded reserves.
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Topics discussed included Caribbean cat risk, protests in Peru, crisis in Argentina and the World Cup.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Casey Santangelo joins has head of fine art & specie across the Americas.
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Inside P&C’s news team runs you through the key highlights of the week.
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The executive’s remarks followed Employers’ Q4 results, where the workers comp specialist’s top line rose 22.4% to $174mn, compared to 24% growth in Q3 2022.
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Experts at the Plus D&O symposium took a deep dive into the issues and uncertainties affecting the D&O market as rates soften.
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The increase in GWP was driven by higher new and renewal business writings and higher final audit premiums, the company said.
