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Net adverse development for the quarter increased 30% year on year to $89.2mn. -
The insurer said it expects to begin writing business by the end of the month.
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The executive joins from Coalition and brings more than 30 years of experience.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The firm’s subsidiary in India paid $1.47mn in bribes to officials at state-owned banks and raised revenue of $9.2mn.
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The announcement comes a week after the institutional investor said it would accelerate its pivot to an insurance-led strategy.
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Casualty premiums grew 56.7% year on year in Q2 2025.
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The Insurance Insider US news team runs you through the earnings results for the day.
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This publication revealed two years ago that EQT could lodge a $1bn claim.
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She joins the specialty insurer after working at Hamilton as CUO.
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The former executive passed away following a 40-year career in insurance.
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Despite being hailed as an asset, executives said the current situation is not ideal for either valuation or competitive purposes.
