Reinsurers
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The prediction comes after a highly active hurricane season in 2024. -
The tariffs could expose insurers to the risk of recession and shrinking income.
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Markets have taken a battering across the globe following the “Liberation Day” announcement.
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The Gallagher Re executive called on the market to “prepare to grow sustainably together”.
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Colorado State University is predicting 17 named storms, nine hurricanes and four major hurricanes.
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Insurance share prices were resilient amid today’s market meltdown.
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The executive was named group CEO in January.
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Overall market capacity increased by 5.3% year-on-year, the broker reported.
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The shares will be purchased via the open market or private third-party transactions.
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It makes sense for Next to secure a sale as an exit strategy in an increasingly challenging funding environment.
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The executive has managed both casualty and personal lines reinsurance books.
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Cat losses last month were lighter than historical trends, but all eyes are on Q1 figures.
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