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In the quarter, the company reported a CoR of 92.3%, up two points YOY. -
Greenberg said London behavior in cat market “is almost aberrant relative to everybody else”.
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Total insured losses are expected to range from $34bn to $54bn.
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Worrisome trends in the line may be warning signs of worse to come.
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Casualty, general liability and excess will also see rate pressure.
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The Hartford will assume a quota share of Coalition’s UK cyber program.
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Barbara Bufkin has held executive roles across the industry, and Patricia Roufca was UK CEO at Fidelis Underwriting.
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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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The NFIP’s traditional reinsurance coverage kicks in at $7bn of losses.
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The loss tally is considerably lower than estimates issued by model vendors.
