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Many nuclear verdicts become much less radioactive on appeal. -
MultiStrat, the founder of casualty ILS, is focusing on committed capital to grow, said Bob Forness, CEO, MultiStrat.
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Following the Golden Age of Specialty, franchise quality will play a bigger role in determining success.
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Imported goods account for 30%-50%+ of materials used for HNW homes, versus 15%-25% in standard houses.
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The larger awards over the past two years could serve as an anchor for future verdicts.
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What insurers can learn from the history that led to this deal.
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Surplus lines are still strong, but not the standout they used to be.
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Newly released annual stat filings on reserve data show some troubling trends.
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Frequency has rebounded, while severity has spiked beyond the pre-Covid-19 years.
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Company-specific strategies will play a vital role in sustaining growth in the current market.
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The reinsurer is ready to deploy additional capacity following the event, but only if prices are commensurate with risk.
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The insurer’s strong Q4 results might not read across to the rest of its peer group.
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The complaint accuses a new law firm, Liakas Law, of involvement in a fraud scheme.
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Fronting growth fell by half in 2024 due to uncertain loss climate and high cost of capital.
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The firm’s trajectory could, however, make it harder to meet guidance going forward.
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The P&C industry had its best Q3 combined ratio since 2015, driven by personal lines.
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Reserve releases for the year-to-date are higher than in prior years despite elevated concerns on casualty trends.
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A signal around Q4 adverse development has brought the carrier into the spotlight.
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It’s time regulators take decisive action regarding the company and regulation, sources say.
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Milton and Helene, casualty reserves and growth will be some of this year’s topics.
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Florida insurers averted a crisis, but reinsurers will still see damages.
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The looming collapse of the city’s biggest livery insurer may not be cause for national concern.
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Admitted markets are not coming back to property as strongly as in past cycles, the executive said.
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Casualty will likely fuel some of the E&S growth, the executive said.
