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The broker said disaster data can attract more risk capital. -
The pool services a number of public authorities in California.
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Severe convective storms accounted for 41% of last year’s insured loss load.
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The executive has also been made Syndicate 2015 active underwriter.
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UK regional division CEO Steve Bashford has retired.
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The vehicle has $2.55bn in capital committed by institutional investors.
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There are many unknown factors including insurance gaps, high-value property and damage to critical infrastructure.
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The estimate has reduced slightly since the modeler’s last update in October.
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McGill was recently included in Warburg Pincus’s multi-asset continuation vehicle.
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Robin Hamilton has been appointed head of energy and marine liability.
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Market softening means exploiting hardening niches is the name of the game.
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Sources said that the new paper is replacing PartnerRe capacity that was backing the MGA.
