Stocks
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Riots erupted in the Pacific Island territory last month over electoral reforms. -
The hires represent a reunion of colleagues from Horseshoe/ Artex.
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CEO Wagstaff said the LMG must "compete with other markets".
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Traditional reinsurers such as Berkshire Hathaway and Arch pushed for more share, our annual study of Florida cessions shows.
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The management’s buyback acquisition brings an end to the two-year relationship.
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Cession ratios declined at three of the four publicly listed Floridians.
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The company plans to reduce its quota share to 20% from 40%.
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The firm’s AuM was down 17% on $1.8bn as of 31 December.
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The parametric bond provides coverage for named storms.
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The awards event will be held on 27 June at The HAC, London.
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The fund has nine open contracts it is actively trying to run-off, four years after its failure.
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Aspen said reduced reinsurance appetite made it a good time to seek alternative capacity.
