Treaty Reinsurance
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Aon’s cyber chief said capacity will be available to insurers who perform well on profitability, rate change and underwriting strategy. -
Inside P&C’S news team runs you quickly through the key developments from the last week.
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Increasing cat costs will drive the focus on modelling and price adequacy, the intermediary said.
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The executive also noted that proactively reducing Greenlight’s exposure to the auto market was a “good decision."
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Chamness also sits on the boards of carrier NAMIC Insurance Company, data provider Carpe Data and Insurance Institute for Highway Safety.
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The carrier also expects to close Allstate Life Insurance sale to Blackstone-backed Everlake later this year.
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Two Sigma has delivered stellar returns, but its major role at the firm makes it a total return (re)insurer, with all the baggage that carries.
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Former Swiss Re actuarial executive Julie Halper has also joined Toa’s US branch, as its new chief actuary.
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The expansive MGA has launched into a number of lines of business in the past year.
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Lockton Re has confirmed the appointment of industry veteran Rob McNamara as the new head for its North America facultative business.
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Geico’s loss ratio jumped by nearly 18 points in the quarter on higher claims frequency, on par with results at personal auto rival Allstate.
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The Texas Big Freeze plus an active hurricane season could see losses balloon in 2021.
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