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The funding for the deal was set to come from Cantor Fitzgerald and its billionaire CEO Howard Lutnick. -
The experienced executive spent a decade in Asia Pacific and ILS roles at Willis Re.
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Retro structural change will provide a lot of the gains in 2021, with trapping negotiations complicating the mix.
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ILS veteran Kathleen Faries also advocated for an industry superhighway to transform the way risk is moved.
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Rising capital costs, not losses, will support reinsurance rate increases, the CEO argued.
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The debate over how far Covid losses will escalate is not the only key to January renewal dynamics.
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The executive says a time lag for start-ups to achieve profitability would favour incumbents.
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Ex-RenRe CUO is eyeing a start-up, while other new propositions tussle over Ariel.
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The Paris-based firm plans to open offices in New York and Singapore, and grow its product range.
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The Corporation said 25% of its losses came from property classes of business.
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ILS outperformed major financial benchmarks in terms of returns, Aon said.
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The online trading platform also said it had signed deals with leading brokers.
