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The exchange is backed by $100mn in funding from CD&R and others. -
The executive previously spent 15 years in a variety of roles at Zurich.
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Allstate attributed the bulk of its losses to three major wind and hail events.
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Tariffs could drive up property loss costs, but the impact on other items has been muted.
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PwC reported that deal volume decreased to 209 deals from 297, but values climbed to $30bn from $20bn.
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The impact of SAM claims is reverberating through the tower and the broader marketplace beyond hospitals.
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The insurer first noticed “unusual network activity” on June 7.
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Howden has been expanding its South American presence through M&A.
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A deep-dive analysis shows LitFin is not the boogeyman this industry paints it out to be.
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Major insurance industry groups and companies have recently pressed lawmakers to include the provision.
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Markel is simplifying its structure from six US wholesale and two US retail regions to four integrated US regions.
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This is up from last year’s $1bn protection for its Florida treaty.
