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Generali Group is buying Liberty Seguros' operations in Ireland, Northern Ireland, Portugal and Spain for $2.5B in an all-cash deal.

Following closing, Re Solutions CEO Asaf Grinstein will become CEO of Guy Carpenter Israel.

Reinsurance, which still has plenty of capacity shows a slowdown in the rate of price decline, and innovation remains the key to meeting customer demands.

Prices charged by reinsurers for annual contracts renewed this month declined for a second straight year amid an absence of costly disasters.

Risks related to terrorism, compensation structures for long-term bodily injury, and casualty catastrophes are still emerging.

Risks related to terrorism, compensation structures for long-term bodily injury, and casualty catastrophes are still emerging.

Reinsurance prices declined on policies renewed for July 1 amid low losses and as record levels of catastrophe bonds drove an oversupply of capital, according to Guy Carpenter.

Enhanced version helps insurers become more compliant with rating agency and ORSA requirements while measuring inflationary trends and their impact on profits.