Re/insurers
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Last week, TSR updated its forecast and is now predicting above-average storm activity. -
Wildfires resulted in heavy losses for insurers focused on HNW, personal lines and reinsurance.
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The executive has been with the firm since 2011.
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The company has settled, or is in the settlement stage, for 80% of the exposure.
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The revision is significantly lower than the $4.5bn October estimate.
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This in turn gives carriers on a tower a little more liberty and less risk to optimize claim outcomes.
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The medical CPI is up 3.1% for the last 12 months.
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The company completed its upsized IPO last week and traded up to 1.3x book.
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The company’s upsized public offering priced at $30 per ordinary share.
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Hamilton also expects rising demand and stable supply for June 1 renewals.
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IGI saw opportunities in energy, ports and terminals and marine cargo but remains cautious in long-tail lines.
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The specialty carrier is braving volatile macroeconomic conditions in a second effort to list.
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