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Losing long-term residents interrupts continuity and institutional knowledge, says Sylvia Oliveira

The insurance holding company saw a $4 million increase over the previous year

Alex Maloney, group chief executive, said estimates fall within modelled loss ranges for this type of catastrophe event

The growth of the catastrophe bond market has been driving the exchange’s overall ILS listings higher

They join 11,000 attendees from more than 70 countries, 300 exhibitors and over 300 expert speakers

Net income was $129 million during Q1, compared to $1.05 billion for the same quarter in 2024

California infernos in January were some of America’s most costly fires on record

The rating affirmations follow upgrades in April 2024 resulting from a trend of increasingly favourable underwriting results

The reinsurer reported net income of $210 million, lower than the $733 million from 2024 Q1

Sharmini Samuels has been with Convex since the international specialty insurer began