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As data privacy litigation increases, insurers increasingly lean on exclusions. -
A process has not been launched and a firm timeline for a liquidity event has not been agreed.
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Reinsurer executives during a Aon reinsurer panel stressed that the industry worked hard on setting the right structure.
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The MGA business was valued at an enterprise valuation of upwards of $1.1bn, sources said.
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The specialty MGA said it didn’t experience direct losses from the LA wildfires.
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The program, expected to start doing business next month, will be wholesale-only.
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This publication reported earlier today of the asset manager’s foray into the MGA space.
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It represents the platform’s formal entry into the commercial E&S market and will be led by EVP Neil Lipuma.
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The practice group will enhance the company’s existing offerings in E&S.
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The Berkshire subsidiary is seeking coverage for a $22mn antitrust loss.
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The affirmations reflect Everest’s strong underwriting diversification.
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IBHS CEO Roy Wright says insurers need a comprehensive approach to resilience.
