Service provider
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Losses were primarily driven by personal property lines. -
The tech firm is building a joint stock company with insurers and investors.
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Scott Cobon's most recent title was MD, insurance management services.
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Market participants have until 13 October to provide any comments.
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The firm has also updated the loss-calculation engines of existing Jeannie tools.
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The US has been lucky over recent decades to avoid a $100bn insured hurricane event.
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Both organisations still predict an above-average hurricane season.
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The forecast has increased since the early July update due to several additional factors.
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The model becomes the second in the state to get approval to affect ratemaking applications.
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The figure updates an April estimate of EUR696mn.
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His last role was ILW practice leader at Acrisure Re.
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The weather-modelling agency is predicting a below-normal season.
