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Hannover Re's cyber bond pays on a parametric basis for each hour after an agreed waiting period. -
The analyst estimated Beazley’s loss from the global outage at $80mn-$120mn.
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The current guidance is that Beazley will publish an undiscounted CoR in the low-80s at full year.
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Aeolus increased its participation on the program more than fourfold.
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In 2023, Berkshire provided around $1bn in capacity to the Floridian insurer.
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Changes made will make it easier to compare the funds, said Albourne’s Michael Hamer.
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Reinsurer-managers are building out asset management infrastructure as they expand.
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The carrier purchased an additional $150mn of cover.
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The modeller said 3 million homes were without power at its peak.
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Two-thirds of Guy Carpenter’s clients bought more coverage in H1.
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Philipp Ruede spent 12 years at the broker performing several roles.
