Operations/tech
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The company’s reinsurance premiums ceded fell by 58% to $149mn. -
Fee income fell by 42% to $25.1mn in Q3 over the prior-year quarter.
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Artex said the solution should allow for the expansion of services in the Middle East and Africa.
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Better performance data and clarity around entry are key, report says.
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Relentless focus on annual outcomes provides a packaging that doesn’t fit the purpose.
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Revenue, country and industry sector drive modelled output divergence.
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Exposure updates played a greater role than expected.
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The vulnerability updates are the biggest driver of loss changes.
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SCS accounted for nearly two-thirds of global first-half catastrophe losses.
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Demex said its RCR Re platform enables cedants to buy reinsurance for secondary peril risks that aggregate over time.
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The largest loss of the year outside the US was the Australia flooding in February and March.
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The modelling firm has introduced a slew of tweaks and new additions to its nat-cat suite.
