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In 2024, MGA GWP reached approximately $20bn in Europe. -
The man is alleged to have conspired with others to falsify LOCs and collateral letters.
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The loss has decreased by 0.3% since the company’s third assessment.
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The investment is a response to shifts in stock-bond correlations.
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The fund was set up 18 months ago by cat bond investor Florian Steiger.
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Total yield was 10.93% as of 30 May, including 4.34% of risk-free rate.
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This followed a $650mn fall in April, after management change of the fund.
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Lyon joins the reinsurance broker from law firm Skadden, Arps, Slate, Meagher & Flom.
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The index provider revised up its return for March by 0.39 percentage points to 1.21%.
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The Swiss pension fund has not disclosed an ILS allocation before.
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The Italian sponsor has $237mn of limit maturing this July.
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The group reported an 89.7% combined ratio for the quarter.
