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Renewal rates were favorable compared to what could have happened after several hurricanes. -
His leadership roles included overseeing the firm’s capital solutions group.
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The bond will cover China, India and Japan quake and Japan typhoon.
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The bond will provide protection against German and Japan quake.
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The firm’s assets under management were down $300mn in Q1 as performance fee income was hit.
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Secondary market traders are baking in further loss potential after PCS increased its wildfire and Helene loss estimates.
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This year’s ceremony will include the inaugural Women in ILS Award presentation.
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January’s California wildfires meant third-party investors suffered a loss of $195.3mn.
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The carrier increased its cession by around 13% year over year.
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The carrier announced a major writedown in its L&H book last year.
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The storm made landfall in Queensland, Australia at the beginning of March.
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SCS losses were also above average in Q1 due to “lingering” La Niña conditions.
