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On Monday, the firm reported a Q4 CoR of 155.1%, versus 98.1% a year ago. -
The change reflects an improvement in the carrier’s 2024 earnings to a sub-100% CoR.
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Ryan Specialty National Programs consolidates several RSUM business units.
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Enacting SB 360 may have created a spike in construction claims in Florida.
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The carrier is looking to accelerate E&S growth after 7% expansion in 2024.
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Q4 net retention was impacted by the previously announced ADC.
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The executive will head the newly formed GBLI subsidiary.
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Under the new guidelines, the carrier is requiring more distance from the brush.
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The organization was hoping to grow its reinsurance cover.
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The carrier has also received 11,750 fire-related claims so far this year.
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Gibbs will oversee delegated underwriting authorities and facilities.
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This is the second acquisition Amwins has announced this year.
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