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I of CATs, Europe, quarter global million to estimates of million active $XXX $XX $XXX earlier, $XX Hurricane and saw approximately and We the industry net CAT was largest approximately The reported respectively. million Ida very as losses net million in billion losses $XXX third CAT commercial. with between billion was s impact with Turning ranging in current approximately said we $XXX and globally. flooding where from
to have in reinsurance volatility, We programs program our in focus perform for purchases also per reinsurance made international discrete per significant Client continues to reduce second recoveries we that quarter. the occurrence, into reduced well Reinsurance quarter. the third win Group volatility Private exceptionally our management strategic occurrence, other which put and including in
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quarter to IPO in potentially We of conditions. the approvals continue to subject and in or regulatory to first an market quarter expect occur XXXX the second
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against offerings With market and to conditions will XXX, AIG track the other of of over date to across run-rate run-rate deliver to are our XXX million of with of $XXX Income cost savings $X the billion by the savings already $X.X to end recognized factors Retirement, secondary time. further relevant As respect separation Life based continue we timing Statement. to be executed Company program and we of approximately advance contracted, billion. on full or in this achieve the plan for the of remain on XXXX
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