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Urs Ramseier will be CEO and Herbie Lloyd CIO. -
The market is expected to seek additional exclusions around systemic events.
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The reinsurer raised $84.5mn of third-party capital in the quarter.
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The sale is expected to be completed by the end of the year.
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The executive will replace Habib Kattan, who joined the company last summer.
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Hannover Re's cyber bond pays on a parametric basis for each hour after an agreed waiting period.
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The analyst estimated Beazley’s loss from the global outage at $80mn-$120mn.
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The current guidance is that Beazley will publish an undiscounted CoR in the low-80s at full year.
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Aeolus increased its participation on the program more than fourfold.
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In 2023, Berkshire provided around $1bn in capacity to the Floridian insurer.
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Reinsurer-managers are building out asset management infrastructure as they expand.
