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Top Section
The $6.7bn Chubb investment is an outlier in the Berkshire portfolio.
Expense ratios modestly increase for commercial but continue to decline for personal lines.
An overview of Q1 earnings shows upsides, but also plenty of concerns going into the rest of 2024.
Analysis of 2023 statutory data shows that Californian insurers are leaning more heavily on reinsurers but at a nationwide level, premium cessions were more stable.
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The Miami-based executive will leave in July after over four years with the (re)insurance broker.
Reid spoke about M&A, organic growth, remaining an employee-owned private firm and the expected disruption in US broking.
The Insurance Insider US news team runs you through the key M&A deals from the past week.
Based in London, the executive will report to Ocean Re CUO Jamie Wakeling.
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The FTC issued a final rule on April 23 banning the use of non-competes nationwide.
The carrier’s goal for its specialty arm is to achieve $10bn in written premiums and a sub-90% CoR by 2030.
The firm doubled its premiums in the past three years after launching in specialty.
The firm launched late last year in the US with a $250mn capital injection, and has also acquired a UK platform.

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