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The executive has worked for Scor, RMS, Aon and SiriusPoint, among others. -
Building better exposure datasets could draw a broader range of investors.
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Reinsurers continued to diversify into primary and specialty business.
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The unit will support Ascot’s third-party capital business.
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Return on capital employed hit 13% last year as the cost of capital fell to 8%.
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The insurer currently has $300mn of reinsurance limit from cyber cat bonds.
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Positive cat experience impact of $600mn was offset by $500mn in property and specialty reserves.
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The P&C Re CoR came in at 84.5%, a 10.2-point YoY improvement.
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The CEA has $326.4mn towards risk transfer, 44% below budget.
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The ILW specialist is believed to be exploring new opportunities.
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