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Pricing dropped 6 percent from the midpoint of the initial range to reach 9.75 percent.
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The Floridian carrier has returned to the cat bond market for a third time, adding wildfire, earthquake and winter storm perils to its latest transaction.
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The topsy-turvy nature of the past few years for the ILS market is apparent when you look at our half-yearly surveys of assets under management.
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Aetna Life achieved its lowest coupon ever on the Class A tranche.
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The carrier issued a profit warning as it revised up projected annual cat losses and forecast lower reserve releases.
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The broker says natural catastrophe claims last year were 15 percent down on the average since 2011.
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Losses of A$514mn and rising follow in the wake of costly bushfires.
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The executive will join as senior vice president and Atlanta branch manager, moving from StarStone, where he had been involved in ILS initiatives and US E&S property.
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Hagibis, Faxai and flooding in the Mississippi River basin were the costliest events.
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The Insurance Council of Australia lifted its claims tally by 27 percent from its initial figure, with aggregate deductibles the main reinsurance exposure to the loss.
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Opportunities are likely to open up for blue-collar schemes as reinsurers participating in swaps seek to diversify, according to Willis Towers Watson.
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The (re)insurer faced increased losses from Hurricane Irma alongside Typhoon Hagibis and wildfire claims.