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The Canadian pension plan’s investment rose to 1.2% of its total fund. -
Alberto is the first named storm of this year’s hurricane season.
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Sources said that Gallagher Re had ‘first mover’ advantage as the exclusive broker.
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Amy Stern started her career as vice president of group reinsurance at Zurich Re.
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Loss estimates are coming in for the weather event in Bavaria and Baden-Württemberg.
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The deal was offering spread guidance of 525-600 bps with a mid-point multiple of 7.8x.
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The deal is offering a multiplier of 6.6x on the expected loss.
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A degree of pricing volatility was evident in the market this week.
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Torrential rain caused flash floods in the Gulf States in the middle of April.
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The firm’s P&C and life and health retro buying is being centralised.
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The bond has priced at the mid-point of guidance.
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The firm is the sole provider to offer index services in the US.
