Everest Re
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Insurers could face pressure if interest rate and recession fears intersect with worsening loss cost trends. -
He will replace the retiring Dennis Alba.
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The move comes amid a number of senior appointment announcements in the Latin American market, including two senior hires from Marsh.
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The firm said the conflict gave rise to uncertainty but at this stage losses appeared manageable.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The (re)insurer revealed it has “limited exposure” to the Ukraine-Russia conflict and did not make a loss provision due to the degree of uncertainty.
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Scott Paddington and Russ Lewis will report to Jill Beggs, head of North America reinsurance at Everest.
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Mango was a respected industry leader and played a key role in elevating the company’s culture of rigorous risk management.
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A New Jersey judge writes a scathing decision criticizing hospitality firms for attempting to claim physical damage from virus and misinterpreting policy language.
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The firm posted positive quarterly earnings results, but it's too soon view this this as a new trendline.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The reinsurer added $280mn in casualty pro rata premium in Q4, a 60% jump, while growing casualty XoL writings by 37%, or about $84mn in new premium.
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