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The CEO spoke after Chubb chief executive Evan Greenberg’s call to action at RIMS. -
The medical CPI is up 3.1% for the last 12 months.
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Writing credit wraps for LitFin firms and steering third-party assets to them should stop.
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“Models aren't going to tell you what the emergent risks today are,” Dolan said.
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The take-up rate will depend on the price discount and market segment.
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The conference came at a particularly tumultuous time for the US insurance industry and the economy at large.
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The MGA market now makes up 10% of the overall P&C market.
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The carrier said it is prepared to drop asset managers, lawyers, banks and brokers.
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Jack Kuhn, President of Westfield Specialty, discusses the shifting market cycles and changing landscape at RISKWORLD 2025.
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In casualty, getting significant blocks of capacity remains a major challenge.
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Richard Schmitzer will retire as E&S president and CEO, and Todd Sutherland will succeed him.
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The facility is a nudge towards a structural change, not a full-out assault.
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