Howden
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The new European A&H business will be led by Samia Baliad, who joins the company from Axa.
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Innovation will become more important to sustain strong results absent pricing tailwinds.
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The path to Howden’s new era is steep – but the opportunity is vast.
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The $2bn+ raise would likely rest on the base case of an IPO in the medium term.
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Reserves are likely to be set following initial court rulings this year.
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Attachment points are unlikely to return to pre-correction levels any time soon.
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The broker has placed Rethink staff under consultation, sources said.
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The brokers will focus on cross-border, high hazard risks.
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Thomas Kroely will initially focus on supporting the broker’s European expansion.
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Cybersecurity basics could reduce cyberattack costs by up to ~75%.
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The broker’s US retail foray will throw the cards in the air. Where might they land?
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The cyber solution is backed by Mosaic, Chubb and Liberty Specialty Markets.
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