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Could investors – and ILS managers – be ready for another attempt at developing the retail ILS market? -
The insurance group says the Texas winter storms will likely cost the industry about $15bn in total.
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The latest deal covers a pool of mortgages with an aggregate value of $38bn, insured by Arch in H2 2020.
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The Indiana Public Retirement System (INPRS) added $75mn of capital to an existing mandate with Aeolus's Keystone funds in January, according to reports.
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A survey from the Bermuda Monetary Authority found almost 60% of P&C insurers have not changed their business strategy in response to climate change.
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Dailey was vice president of model development at RMS.
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The merged entity will also look to focus on higher margin lines and invest in InsurTech.
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The (re)insurance services company recently hired a COO for its ILS operations.
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The CEO says the carrier deployed most of the $340mn raised in June at the 1 January renewals.
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The combined ratio deteriorates by 26.9 points to 107.8%, though comes in ahead of forecasts.
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This came as Everest Re fell to a $44mn underwriting loss on a pre-reported prior-year reserve charge.
