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The measure could have landed insurers with extra tax on US business. -
The cost comes in at $530.6bn, roughly $20mn lower than budgeted.
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Allstate attributed the bulk of its losses to three major wind and hail events.
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The loss has decreased by 0.3% since the company’s third assessment.
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HCI secured three towers with $3.5bn in XoL coverage.
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ILS offers efficient capital for underwriters, but casualty ILS transactions are complex.
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The Peak Re subsidiary mainly writes US motor and casualty reinsurance.
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The deal leaves premier surety as Travelers' sole Canadian portfolio.
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Florida’s top regulator says he’s eyeing eventual tweaks to the state’s cat fund, too.
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Almost 50,000 people have been forced to evacuate.
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TSR previously predicted activity slightly below the 1995-2024 average.
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The agency forecasts up to five major hurricanes and 19 named storms.
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