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The company grew P&C net written premiums by 47%, while the non-life combined ratio improved 32 points to 89% during the second quarter. -
The reinsurer stepped off five Florida domestic insurance programmes but has taken more E&S risk in the southeast US.
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The reinsurer posted intakes to its Medici and Upsilon funds.
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It marked a major increase on yesterday’s estimate of 43,400 from the satellite operator.
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The German insurance association called the low-pressure system Bernd ‘one of the most devastating in recent history’.
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The broker said ILS capital had reached $96bn at the end of Q1.
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The severe flooding has the potential to change the outcome of 2022 renewals after muted European cat rate increases this year.
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The executive has worked at Miller, PWS and Newman, Martin and Buchan.
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Existing investors including State Farm Ventures, Formation8 and Brewer Lane Ventures also participated.
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The deaths were reported in the town of Bad Neuenahr-Ahrweiler, south of Bonn and west of the Rhine river.
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The new adjustments will increase rates 7.6% on average after February 1, 2022.
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After their appointments, Ari Moskowitz and Peter Bell will report to Jim Williamson, Everest Re group COO and head of reinsurance.
