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Figure is an improvement from the previous year, but progress remains insufficient

Rising claims and higher loss ratios are putting pressure on insurers, however

It enables the group to leverage the ILS market and complement its traditional reinsurance placement

Team collaborates with treaty reinsurance, Artex and retail and speciality businesses

Abundant capacity and softening pricing in several lines leads to a constructive environment

Aon estimates that global capital hit a new high of $735 billion at June 30

The agency said the upgrades reflect balance-sheet assessment and strong operating performance

Bermuda subsidiary expected to support Globe Life’s continued sales and premium growth rates

Total assets rise 19.1 per cent to $1.52 trillion as sector withstands simulated financial crisis

Insurers’ total exposure to major disasters rose 7.5 per cent year-on-year