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On an investor call for the broker’s Q1 results, Marsh McLennan COO John Doyle indicated overall pricing trends for Q1 ahead of the full index. -
The commercial lines bellwether reported positive quarterly earnings, but challenges may still be ahead.
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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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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The CPI rose 1.2% in March from a month earlier, the Labor Department said Tuesday, accelerating from February’s 0.8%.
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Aon’s E&O and Cyber Market Review found that between Q1 2019 and Q4 2021, ransomware attacks surged 323%.
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WTW forecasts that cyber rates could increase by 100% to 200% for heavily exposed industries.
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Two more vehicle tech companies face SPAC-related securities suits.
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The intermediary said capacity for downstream energy has now returned to 2017 levels.
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The action follows the news that Brickell PC Insurance Holdings would acquire the remaining shares in R&Q for £482mn ($632.4mn).
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Downgrades are expected to be announced next week for some Florida carriers that are “already winding down”.
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There is a tension between securing payback and negotiating higher retentions.
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