January 22, 2025
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The ideal collateralized platform must constantly revise capital needs over the long tail. -
Trevor Gallagher has been appointed COO of the unit.
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SCS insured losses accounted for 48% of all global losses last year.
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The agency cited falling property rates and US casualty challenges.
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It is understood that Salcedo will join Aon as P&C treaty head for Colombia and Ecuador.
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The reinsurance broker will be known as Marsh Re starting in 2027 as part of a broader company shift.
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Guy Carp has been rebuilding its marine and energy team after a major Willis Re team lift.
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Reserves will join rate softening, margin pressure, as key topics in Q4 discussions.
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Sources said they expected FM to keep around $2bn of the maximum line net.
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The broker has analyzed the differences in wildfire risk between Northern and Southern California.
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The capacity backs the reinsurance underwriter to cover international risks outside the US.
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The facility is backed by a consortium including Arch, Munich Re Specialty and Scor.
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