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Michael Wade, who joined Helios in 2023, led the group’s portfolio-restructuring exercise.
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Brokers and insurers must obtain informed consent from clients for the commissions.
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The carrier disclosed it will book $1.1bn in net losses from the California fires.
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The carrier’s Eaton Fire loss would be a retained net loss hit.
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The underwriter has worked at Axis for a decade.
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The broker CEO explained talent is what drives organic growth.
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The Pacific region led the quarter’s price decline at -8%.
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The company has simplified its structure following the retirement of Richard Webb.
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The facility is backed by a $10mn Lloyd’s binder.
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The group’s revenues expanded by 23% to more than £3bn for the year to 30 September 2024.
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The event now includes a casualty portion and has officially been re-branded as the Property and Casualty Symposium.