Treaty Reinsurance
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In total, 184 InsurTechs have failed over the last three years. -
The carrier’s share price fell to $21.16 per share at close of markets.
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The executive joins from AGCS where she led the North American financial lines team.
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The executive will replace Stephan Knipper, who is retiring after a 33-year career.
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The executive was previously vice president of property and multiline treaty at PartnerRe
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Fema deputy administrator for resilience Daniel Kaniewski said it could be argued the agency created a “moral hazard.”
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Signs of stress in the small-cap Florida and other southern state primary markets continued this week as the shadow of rating agency downgrades overhangs the market.
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The move runs counter to market peers’ recent exits or scale-backs.
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Capsicum founder Grahame Chilton re-joins the buyer as global P&C chairman, with other management remaining in place.
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The experienced legal and claims executive will underwrite and service a variety of accounts.
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A number of other senior casualty brokers have resigned from the family-owned broker in London.
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Total protection for non-cat natural hazards rises $10mn to $140mn.
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