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Fears around social inflation have maintained upwards pressure on US liability reinsurance pricing.
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The broker noted a shift towards alternative risk solutions in the MENA region.
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The average risk adjusted rate increase is hovering at about 2% for clean business.
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The broker said there was an opportunity to take advantage of competition to improve outcomes for clients.
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Recent contingency losses reflect a willingness of the market to go looking for premiums.
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Jessica Cullen is relocating to London from New York to take up the new role.
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LMG's latest London Matters report reveals that UK capital has lost ground to the US and Bermuda in some lines.
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The Lloyd’s chief of markets said he was generally comfortable with market fundamentals.
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Prior to joining WTW, Morrison has held senior roles at Canopius, and AIG.
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Casper was launched last year by Argenta deputy active underwriter Bradley Knight.
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Verdicts awarding more than $100mn hit a new high of 27 last year, study finds.
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Prices for programs that renewed in both Q1 2023 and Q1 2024 decreased 15%.