Treaty Reinsurance
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The company has created a new management committee as it refocuses on disciplined underwriting.
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The ratings agency said over-capacity could snuff out recent pricing momentum. -
The action reflects Mexico’s foreign currency sovereign rating.
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The drugs and consumer goods giant must pay $572mn in damages, but is appealing the judgment.
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A state report said non-renewals were down 10 percent in some high-risk areas.
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Kiernan's departure brings to an end his 13 year stint with the company.
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The acquisition will allow the business to expand both its insurance and reinsurance operations, CEO Pina Albo said.
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The catastrophe fund’s programme has shrunk from $1bn to $920mn.
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The executive is to step down from his responsibilities after seven years at the firm.
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California lawmakers passed a bill in July to create the $21bn utility liabilities fund.
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One way to think about the ambitious build out of start-up (re)insurer Convex is an interesting test of the franchise values of specialty (re)insurers.
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The carrier will continue to write hull business in Europe from its Genoa office.
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