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Total insured losses are expected to range from $34bn to $54bn. -
Worrisome trends in the line may be warning signs of worse to come.
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The Hartford will assume a quota share of Coalition’s UK cyber program.
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It’s time regulators take decisive action regarding the company and regulation, sources say.
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Westhoff will also spearhead the launch of QBE’s E&S property offering.
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Sinclair had $50mn in coverage through five separate cyber policies.
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The airline says the crash resulted in over $500mn in losses.
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Coverages include missed bid reimbursement, contingent bodily and property damage, and drone use violations.
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The NFIP’s traditional reinsurance coverage kicks in at $7bn of losses.
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Underwriting remains disciplined as insurers target profitable growth.
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The price for policies with the same limit and deductible decreased 6.0%.
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Insured losses for 9M 2024 have hit $102bn, according to a report.
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