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Moody’s Investors Service says a recently announced transaction that will see Chartis transfer legacy asbestos claims to National Indemnity Insurance Company (NICO) is credit positive for Chartis, as it reduces the insurer from adverse development of asbestos liabilities.Recommended Stories
RIMS receives $7.6M payout from event cancellation coverage
The risk management society canceled its 2020 Annual Conference & Exhibition amidst the spread of COVID-19 last year.
People on the move in the P&C insurance industry: October 22, 2021
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IVANS Q3 policy renewal results note hard market conditions
Most major commercial lines of business experienced quarterly increases in average premium renewal rates.
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