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Former Aviva and AIA CEO Mark Wilson will lead the new initiative. -
With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations.
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The total cost for the program increased 1.8% from last year’s.
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The carrier’s estimated first event limit could increase 16%, to $1.35bn.
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The (re)insurer used alternative capital in the reinsurance coverage.
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In Partnership With ArtexPrivate equity firms are seeking alternatives to life ILS and private credit, panellists on a roundtable noted.
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The team will focus on building out Miller’s property treaty, retro and ILS capabilities, it’s understood.
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California homeowners are also expected to move admitted business to E&S.
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Ark's combined ratio included 25 points of catastrophe losses in Q1.
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The total yield, inclusive of the risk-free rate, was down on the same period last year.
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The bond will provide multi-peril coverage on an industry loss basis.
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Gallagher Re said rates had softened in 2025 versus the prior two years.
