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The carrier is the first Fortune 500 company to take a stake in a League Two club.
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It is targeting low-risk specialty lines where it has a competitive edge.
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The carrier reported an increase of 82% in pre-tax income.
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The forecast has increased since the early July update due to several additional factors.
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California wildfires account for $40bn of the insured loss tally in H1.
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The S&P 500 outperforms as P&C tumbles on mixed earnings.
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The company was right to drop its reinsurance unit and refocus on its specialty roots.
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The carrier also benefitted from favourable reserve development in property and A&H.
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The reinsurance CoR fell 2.3 points to 79.5% while the primary CoR rose 4.7 points to 98.7%.
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The executive joined Navigators in 2010 after eight years at White Mountains Capital.
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Lion's share of Markel Re staff have been offered roles at Ryan, with others to work on run-off.
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The Miami-based executive assumes the role left vacant by April McLaughlin.