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The firm is focusing on developing specialty offerings. -
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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The carrier has added $5mn to the target limit bringing it to $105mn.
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Managers are hoping strong returns in 2023 will aid capital raising efforts.
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Pockets of new capital will not shift pricing at mid-year.
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Pricing on the Class A notes moved toward the lower edge of guidance.
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The state carrier is moving to redeem its 2022 Everglades issuance a year early.
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