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The ILS manager leaderboard demonstrates the ongoing popularity of cat bonds. -
The combined Twelve-Securis entity would be a top-five ILS firm currently.
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The property market remains “one of the most favorable ... I've seen in my career,” the executive said.
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Urs Ramseier will be CEO and Herbie Lloyd CIO.
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The market is expected to seek additional exclusions around systemic events.
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The reinsurer raised $84.5mn of third-party capital in the quarter.
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The sale is expected to be completed by the end of the year.
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The executive will replace Habib Kattan, who joined the company last summer.
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Hannover Re's cyber bond pays on a parametric basis for each hour after an agreed waiting period.
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The analyst estimated Beazley’s loss from the global outage at $80mn-$120mn.
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The current guidance is that Beazley will publish an undiscounted CoR in the low-80s at full year.
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Aeolus increased its participation on the program more than fourfold.
