Treaty Reinsurance
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Gupta resigned from Third Point Re following the departure of ex-CEO Rob Bredahl.
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The Fidelis CEO talks about climate change, the problem with Lloyd's and why ILS is on the ropes -
The Bermuda company will acquire run-off portfolios from the Australian branches of Great Lakes Insurance and HSB Engineering Insurance.
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The estimate lags RMS' top-of-the-range loss forecast of $6.5bn for the Caribbean alone.
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The veteran broker was previously property CEO within the same Aon unit.
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AIR last week predicted up to $3bn in insured losses in the Caribbean from the storm.
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Highlights from the second day of the Monte Carlo Rendezvous, giving a first look on reinsurance dynamics ahead of 1/1.
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The reinsurer predicts annual cyber market premium expansion of between 25 percent to 30 percent.
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Customer cost savings will be generated through increased efficiencies rather than brokerage cuts.
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The new vehicle will cut negotiating times while providing contract certainty.
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Executive is latest in string of senior ex-JLT brokers to join BMS.
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The utility will return to the market later in 2019 in hope of a quiet wildfire season.
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