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This is up from last year’s $1bn protection for its Florida treaty.
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Some segments are moving faster than anticipated, but overall, it remains a mixed bag.
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Holschneider co-founded the firm and is currently executive chairman.
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The carrier has scaled up its international insurance offering in recent years.
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The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
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The managing agent for Syndicate 609 has been involved in an M&A process this year.
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CEO Caroline Wagstaff called for a “tailored and proportionate” approach to regulation.
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The executive brings nearly 30 years of liability experience to the role.
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The protection gap is calling into question the relevance of the insurance industry.
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Howden recently expanded in South America with the takeover of Contacto and Innova Re.
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The deal marks SFMI’s third investment in the group since 2019.
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The appointment follows B&B’s acquisition of Accession.