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Winning higher-fee private ILS mandates will strengthen firms’ negotiating positions. -
The storm made landfall on Saturday as a Category 1 hurricane.
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Ernesto’s maximum sustained winds have reached 100 mph.
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Flights cancelled as typhoon ramps up to Cat 4.
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Sources said Guy Carpenter has promoted Jennifer Paretchan to succeed Mowery.
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Moody’s also predicts losses to the NFIP at less than $300mn.
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The firm predicts 2024 will be a record year for primary issuance.
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The firms’ partnership preceded Japan's first ‘megaquake’ warning.
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Both groups continue to call for a highly active season, however.
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Sidecar vehicles are being tailored to match investors’ objectives.
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Everest losses ceded to Mt Logan grew by 63% to $26mn.
