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The storm is likely to be one of the costliest weather events in Canadian history. -
AuM remains generally flat at UCITS funds over the weeks since LA fires started.
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The bond will provide coverage for named storms in North Carolina.
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The executive has also worked for Guy Carpenter during her 20-year career.
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American Integrity is seeking expanded limit on more favourable terms.
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FY24 disclosures show shifting fortunes at reinsurer ILS platforms.
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The state has seen 11 new entrants into the insurance market, reflecting renewed confidence.
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Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
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But cat bonds are experiencing negative secondary market price movement.
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Tower Hill secured $400mn of Winston Re limit in 2024.
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Bolding will focus on aligning Gallagher Securities with Gallagher Re.
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The carrier disclosed it will book $1.1bn in net losses from the California fires.
