Swiss Re
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The experienced legal and claims executive will underwrite and service a variety of accounts.
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The loss tally includes a $7bn estimate for Typhoon Faxai and $8bn for Typhoon Hagibis.
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Casualty has “a definite trend towards improving terms”, the head of casualty underwriting for the US and Canada said.
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Everest, Swiss Re, Aspen and other reinsurers were accused by Integrand of delaying payment of claims from Irma and Maria.
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The move follows an exodus of casualty underwriters from Swiss Re’s primary business over 2019.
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Capacity will be led by Swiss Re’s US operation, which underwrites 51 percent of the quota share agreement.
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AIG, Chubb, Markel, Swiss Re and Zurich are among the carriers which face potential losses from the tour operator's collapse.
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Swiss Re, Allianz and Zurich are among those backing the UN initiative.
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More than 20 other carriers are still pursuing the case, including Markel, Chubb and Munich Re.
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Swiss Re is the (re)insurer likely to take the largest overall loss of the eight companies studied.
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Commercial property insurance lines have improved their loss ratios by as much as 18 points using the technology, according to a Sigma report.
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The catastrophe fund’s programme has shrunk from $1bn to $920mn.