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This follows January pre-tax cat losses of $276mn. -
The firm is focusing on developing specialty offerings.
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This year, the association’s funding will come to $4.05bn with a $2.45bn retention.
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Risk partnerships will now report direct to the board through the CFO.
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The Cayman Islands entity raised $2.4mn last June.
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The RfP covers the CEA and/or the California Wildfire Fund.
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The Guernsey legacy carrier is working with an independent valuer.
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Driscoll and Lubert have been promoted to presidents.
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The reinsurer’s large losses were down 5% to EUR1.6bn for the year.
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Pockets of new capital will not shift pricing at mid-year.
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The underwriter will report to Kristina Maffit.
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Pricing on the Class A notes moved toward the lower edge of guidance.
