AJ Gallagher
-
Insured loss for Q1 was 10% higher than the decadal average of $18bn.
-
Curtin has spent almost 50 years in the market with stints at Marsh and Sedgwick.
-
The broker attributed increased capacity to improving profitability.
-
The market remains “delicately balanced” amid global conflicts and claims deterioration.
-
Reinsurers have a "strong desire" for growth, but not at the expense of underwriting.
-
Negotiations around US casualty and financial lines were more stressed.
-
Rates continue to trend downwards in the D&O class of business.
-
A total of 30 carriers entered the US public company D&O space in 2023.
-
There is more capacity in the market for long-term risks.
-
The talks are advanced, and the process is likely to move rapidly.
-
-
The findings have implications for businesses and D&O.
Most Recent
-
HDI elevates Hensel to CUO
18 April 2024 -
Chief insurance officer Spencer exits Parsyl
18 April 2024