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AJG still has $2bn of M&A capacity after the AP and Woodruff Sawyer deals. -
The standard market has not ‘meaningfully’ impacted the rate of flow in the aggregate.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Planning for the carrier was halted in January due to the CEO’s health issues.
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The facility provides up to $100mn in claims-made excess casualty coverage.
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The executive has been with the firm’s underwriting team for over 12 years.
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The California wildfires in January accounted for $460mn of Q1 cat activity.
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The impact could also raise home-building costs by $10,000 per unit.
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Specialty insurer’s global chief of claims warns others about the allure of AI.
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Customers are demanding more in a larger move towards the E&S market.
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The company is also pursuing “deconcentration” to lower SCS exposure.
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But automotive repair costs are likely to increase faster than home repair.
