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Managing Agency Partners' founding partner and reinsurance specialist Richard Trubshaw has emerged as the best underwriter in his field, according to The Insurance Insider’s US Property CAT Rankings Survey 2017...
"The increase in capacity is driven by an anticipated improvement in market conditions and a desire to have sufficient capacity available to participate in a widespread market turn," ...
Early indications suggest the decline in property direct and facultative (D&F) rates eased at 1 July as both binder and open market business renewed between stable and 5 percent down...
Expected losses from Hurricane Matthew have continued to slide, with the US wind-only tally potentially well short of $5bn and all-in commercially insured losses unlikely to go far beyond the $5bn mark...
As downward pricing momentum builds in the wider US P&C sector, there is already evidence that competitive pressures are having a knock-on effect on the excess and surplus lines market...
This total does not include any losses incurred by Hiscox, Axis, WR Berkley, Allianz, Zurich or The Hanover, all of which acknowledged they had taken a hit from the fires, but did not give an exact loss figure...
