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The return to an in-person event follows two years of forced cancellations owing to Covid-19. -
Review of quarterly financial updates released so far shows Bermudian carriers wearing major losses.
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The top 21 reinsurers were rated positive on just 9% of factors overall.
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The carrier’s primary unit CorSo also bettered its combined ratio by 24.9 points on last year’s figures.
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Everest Re CEO Juan Andrade said appetite had gone “very much higher up in structures”.
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Everest Insurance head of specialty casualty will transition to the reinsurance division, reporting to Beggs.
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The new functionality supports online collaboration for optimal placements.
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The two parties had previously negotiated a $9bn deal for the reinsurer last year, which was later scrapped.
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The carrier will continue to write the business from Bermuda and the US.
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The preliminary result was achieved despite EUR600mn losses from Bernd damages, as well as EUR1.2bn losses from Hurricane Ida.
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The carrier’s catastrophe losses rose to $501mn from $397mn in Q3 last year
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‘We are not shrinking to greatness,’ said Allianz Global Corporate & Speciality CEO Joachim Müller.
