Property
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Floir stated that they "formally referred those insurers to the stability unit" after the legislation from the special session was passed. -
The insurance agents’ trade body also raised concerns over brokers’ E&O cover.
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Market orthodoxy suggests cross-class reinsurers secure more leverage – but are there too many implicit offsets in this game?
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The insurer said it believed climate change was making property risk less commoditised and more complex.
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Floir Commissioner Altmaier and Florida CFO Patronis sent out letters questioning Petrelli's decision to put 17 insurers on notice of a downgrade.
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The rate-on-line index rise is the steepest uplift in 16 years.
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The company has taken almost half its retention on a $225mn calendar-year aggregate reinsurance deal.
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Claire Souch helped upgrade RMS’s US hurricane model in 2011 during her previous tenure at the firm.
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Bosnia & Herzegovina saw a 246% increase in the amount of land burnt in the past year.
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A case against Fireman’s Fund reversed an earlier decision that Covid-19 cannot cause physical damage.
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Matz worked at Tower Hill for 26 years, where his titles included COO and SVP.
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The ratings agency continues to review other Florida carriers’ positions following the 1.6 renewal.
