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Underwriting profits for casualty-exposed insurers show signs of struggle as loss costs worsen. -
The organization was hoping to grow its reinsurance cover.
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Katie McGrath is appointed CorSo CUO amid a restructure of the unit.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The state-backed carrier has $2.1bn of Alamo Re cat bond coverage.
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The firm projects losses from the fires at between $160mn-$190mn.
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The carrier will look to expand business outside North America.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The broker has over 30 years’ experience and will be based in Dallas.
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Berkshire Hathaway’s "float" rose to $171bn in 2024 from $169bn in 2023 as Buffett praised Geico’s Todd Combs.
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The conglomerate reported after-tax cat losses of $1.2bn related to Hurricanes Helene and Milton in 2024.
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January cat losses continue to run higher than prior years, with no help from latest wildfires.
