-
European property cat rates stabilised and, in some cases, decreased this year following corrections in 2023.
-
Continental cedants are looking for support for third and fourth events.
-
DeWitt was recently VP of financial planning and analysis and head of investor relations at Marsh.
-
Siobhan O’Brien will exit her current role as head of cyber centre of excellence for international.
-
Roman Romeo was named CEO of Reinsurance Solutions in Bermuda in April this year.
-
An estimated $6bn to $9bn will be ceded to the FHCF, and $6bn to $10bn to traditional reinsurance markets.
-
PPL plans for iterative releases and a production environment by end of Q1 2025.
-
Benign claims activity and increased capacity are contributing to “competitive pressures”.
-
The broker confirmed Darren Jones and Ian Curtin were also joining the firm.
-
Richard Pennay will become CEO of Aon Securities.
-
Brokers will only get more vocal on aggregate or secondary peril if Helene remains a retained loss event.
-
The broker will take a charge of $1.6bn-$2.1bn relating to the sale.