Reinsurers
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The start-up has secured BMA approval as it looks to a 1 January kick-off. -
The P&C industry had its best Q3 combined ratio since 2015, driven by personal lines.
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Jelle Ouwehand joined Arch from Marsh, where he was a senior terrorism, PV and war broker.
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The estimate includes $102mn from Milton and $114mn Helene development.
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The industry posted a good quarter, but reserving and loss cost concerns hardly abated.
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The agency’s outlook for global reinsurance remains at Positive.
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This year’s top-line growth will be a decade high.
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Reserve releases for the year-to-date are higher than in prior years despite elevated concerns on casualty trends.
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Fema's traditional reinsurance programme will attach at losses of $7bn and above.
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Arch stands out among hybrids, but Axis and Everest grind it out.
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The broker said the casualty segment is approaching an “inflexion point”.
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The estimate implies a roughly $15bn homeowners’ industry loss from the hurricane.
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