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Australian consumer watchdog group Choice has named several insurance companies in its annual Shonky Awards, which recognize products and services that the group judges to be dodgy or of highly questionable value.
Australian consumer watchdog group Choice has named several insurance companies in its annual Shonky Awards, which recognize products and services that the group judges to be dodgy or of highly questionable value.
Flagstone Reinsurance Holdings says it will focus on the businesses it says produce the highest return on equityproperty, property catastrophe and highest-margin short-tail specialty reinsurance.
Homeowners insurers return on equity will be approximately 2 percent less than last year thanks to less-robust investment returns and higher estimates of non-coastal losses, a report from Aon Benfield says.
It came as no surprise to anyone that has followed the Floridas reinsurance fund that it could potentially have a $3.2 billion shortfall, according to new report issued by independent-financial advisor Raymond James.
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