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The carrier had topped up its cover earlier this month after Laura triggered recoveries.
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The figure compares with around $50mn in pre-tax cat losses in Q3 2019 from Hurricane Dorian and other events.
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The event may be more evenly split between insurers and reinsurers due to its impact on Florida's border counties.
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The state’s top carriers have received roughly 4,500-4,600 new cases each month since June.
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The appointment fills a role that had been left vacant since Donaghy was named CEO last summer.
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Insurers need to “be ahead of the game” on rate increases, company officials told Trading Risk.
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Cedants faced a hard market in the mid-year renewals.
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The company increased non-cat reserves by $26mn in the second quarter.
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An expanding book of primary business and the elimination of quota share agreements helped boost profits.
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The storm’s track has pulled further offshore, but uncertainty remains.
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The carrier has reduced its frequency risk while lifting exposure to tail events.
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CEO Kevin O'Donnell also noted that RenRe had dropped one-third of its Florida clients.