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The Gallagher Re executive called on the market to “prepare to grow sustainably together”.
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Carriers surveyed cited access to niche markets as a key strength.
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Trouvaille II raised $580mn for 2025, compared to $325mn in 2024.
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Insurance Insider US revealed last December that the firm had retained RBC to run a strategic process.
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Researchers are predicting 17 named storms and four major hurricanes.
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Even if M&A activity picks up, Atlantic does not expect R&W rates to jump significantly.
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The executive will continue to lead personal lines and core commercial.
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Insurance share prices were resilient amid today’s market meltdown.
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The insurer also pointed to accelerating growth, M&A to come, and a sub-30% ER.
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Korte had been serving as interim president of the unit since December.
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The costs of accident/casualty-related claims continue to rise.