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Outgoing chief Søren Scheuer will become a non-executive director. -
Investigators are homing in on the likely causes of the incidents.
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It has been a “good” bad renewal for cat reinsurers, with attachments likely to endure in the medium term.
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The carrier tapped the run-off market in Q4 for a US casualty insurance-focused portfolio.
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Moody’s also expects losses in the billions of dollars.
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Six wildfires are now burning in SoCal, with the Palisades fire being the largest.
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The broker partnered with Ukrainian carrier ARX and Lloyd’s Lab InsurTech FortuneGuard.
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Six fires now cover more than 27,000 acres across Southern California.
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Hurricane Milton resulted in the largest insured loss of the year at $25bn.
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It is understood that supporters include Munich Re and Brit.
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More than 4,000 acres are burning as thousands evacuate.
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The path to Howden’s new era is steep – but the opportunity is vast.
