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Guidewire chief marketing officer joins the InsurTech’s board
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Commercial real estate investor Capital Crossing said Mapfre paid only $2.6mn after it reported damage to 228 insured locations. -
Insurers posted a net underwriting income of $4.2bn in the first three months of 2019, up 24% from the same period a year prior.
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Arch Capital backed hedge fund carrier’s outlook graded “stable”.
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The organisation results results of a survey which showed an average rate increase of 3.5 percent.
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The number of events rose to an eight-year high for the month, the broker says.
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Nick Lazarus will take the London-based segmental managing director role.
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The total return reinsurer wrote $42mn of property catastrophe premium in Q1 and expects to add another $10mn by the end of June.
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The third-largest P&C underwriter in the US reported 20.4 percent top-line growth and a 7.6 percent renewal rate increase in specialty lines.
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Montminy resigned on Tuesday, The Insurance Insider has learned.
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The carrier was the only Floridian to report loss creep from Hurricane Irma in the quarter.
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Everest Re executives were relatively optimistic about P&C (re)insurance pricing.
