Hannover Re
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The Swedish insurers’ association Svensk Forsakring has estimated the fires that swept through Swedish forests from May to July will lead to insured losses of SEK800mn ($87mn).
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The German reinsurer ceded 31 percent of its EUR134.8mn of gross major losses to retro partners in the first half.
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The ratings agency says insurers may need to pursue loss-reduction strategies, with 2018 possibly on track to produce more claims than 2017. -
The Secquaero Advisors CEO pays tribute to former colleagues as he accepted his award.
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The Texan state-backed insurer expanded its new cat bond as premiums fell below forecasts.
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The reinsurer transferred EUR16.4mn of storm losses to retro partners in the first quarter.
