January 22, 2025
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The MGA can offer AI liability limits up to $8.5mn for US companies. -
Sources said they expected FM to keep around $2bn of the maximum line net.
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FM announced a new super-sized $5bn data center line as it grows book value $3bn-$4bn a year.
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The biggest riser in this year’s Allianz Risk Barometer was AI.
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The multi-line program seeks to support investors, developers and operators involved in the AI boom.
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The facility is backed by a consortium including Arch, Munich Re Specialty and Scor.
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Valor Equity led the raise, which included Lightspeed and General Catalyst.
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The National Council of Insurance Legislators said insurance oversight should be left to states.
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Trump’s shadow loomed over the beachside sessions.
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Building electrical capacity quickly requires carriers to do due diligence on who’s behind the new power plants.
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The platform will debut in Germany before an accelerated global rollout in 2026-27.
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Industry sources said they expect most larger firms will be able to meet the requirements.
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