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Validus has released an initial estimate of its losses from the natural catastrophes that took place over the third quarter of 2017. 10 October 2017
News
PartnerRe has announced that it estimates combined catastrophe losses of approximately $475 million from its exposure to hurricanes Harvey, Irma and Maria in the third quarter of 2017. This figure is pre-tax, net of retrocession and reinstatement premiums. 10 October 2017
News
Lancashire Holdings has announced that it estimates that its net ultimate losses arising from hurricanes Harvey, Irma and Maria and the two recent earthquake loss events in Mexico are expected to be between $106 million to $212 million. 9 October 2017
News
Assured Guaranty Municipal and Assured Guaranty Corp., two bond insurance subsidiaries of Bermuda-based re/insurer Assured Guaranty, have voluntarily withdrawn without prejudice their lawsuit challenging the legality of Puerto Rico’s Fiscal Plan as certified by The Financial Oversight and Management Board for Puerto Rico (Oversight Board). 9 October 2017
Re/insurance
Attracting the best talent from Generation Y and getting the best from them represents one of the biggest challenges for reinsurers. Those in Bermuda, however, might be having an easier time of it than elsewhere. Here, as part of a bigger feature available online, Bermuda:Re+ILS tracked down and interviewed 29 young executives—all 35 or under–who explain why they chose this industry. 6 October 2017
Re/insurance
For the third year running, this publication has selected a handful of profiles of the entrants from 2017 which are presented below. 6 October 2017
News
Verisk Analytics has announced that the private US property/casualty insurance industry saw its net income after taxes drop by 29.2 percent year on year to $15.5 billion in first-half 2017. 6 October 2017
News
Argo Group International Holdings has announced the appointment of Steve Eccles to serve as the chief underwriting officer for its international business. 6 October 2017
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RenaissanceRe Holdings has announced that it is expecting an initial estimated net negative impact of $625 million from Hurricanes Harvey, Irma and Maria and the Mexico City Earthquake. 5 October 2017
News
Third Point Reinsurance has announced that its initial net loss estimate from third quarter catastrophes is expected to be less than $10 million. 5 October 2017
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