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One avenue for capital freed up by a softer-than-expected renewal could be more M&A. -
California and Florida were up significantly, but premium growth slowed in Texas.
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The first round of 2026 renewals was largely favorable for buyers.
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The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.
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Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.
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In casualty, the executive is seeing an acceleration of flight to quality both from cedants and reinsurers.
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A district court judge had dismissed the case in September, with prejudice.
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Attorneys and doctors targeted by the case claim Uber has no standing to bring a Rico suit.
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The carrier combined its E&S primary and excess casualty units into a single group.
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The company announced four internal promotions this week.
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The move comes over a year after Aon completed its $13bn purchase of NFP.
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Highly concentrated, overly leveraged fronts could repeat the Unicover-Reliance story.
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