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The final price fell 14% from the initial midpoint price offered by the sponsor. -
The firm has helped underwriting businesses secure $3.5bn in capital.
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The partnership is aiming to bring training and development to the DIFC Authority.
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Artex said the solution should allow for the expansion of services in the Middle East and Africa.
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The NFIP’s traditional reinsurance coverage kicks in at $7bn of losses.
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The loss tally is considerably lower than estimates issued by model vendors.
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Insured losses for 9M 2024 have hit $102bn, according to a report.
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Liberty Mutual expects $550mn in Helene losses versus Milton’s $250mn-$350mn.
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The pension scheme has been winding down its ILS portfolio in recent years.
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The carrier is looking at a $600-$900mn hit from Debby, Helene, Milton.
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The deal would represent a diversifying auto risk deal.
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Redington provides services to UK pension funds, wealth managers and institutional investors.
