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Since Simon Wilson was elevated to insurance CEO, the firm has been refocusing its underwriting. -
The protection covers the US insurance book for the 2024 and prior accident years.
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Critics claim the dispute system denies consumers' key legal rights.
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Nine-month insured losses still exceeded $100bn due to California wildfires.
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As the Great Japanese M&A Contest develops, the executive said inorganic expansion is “a top priority”.
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Though wildfire losses are up, total losses are the lowest since 2015.
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A US district judge ruled a delay could put human life and property at risk.
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The federal panel hasn’t finalized a timeline for formulating the new rules.
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Shared and layered accounts are seen as reaping the biggest benefits.
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Fronting doesn’t look any better when it’s broken down by segment.
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Trade credit insurers are expected to respond with tighter buyer limits and stricter wordings.
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Growth concerns were top of mind at this year’s conference.
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