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IGI’s premium income has almost doubled since it listed in 2020, but how can growth still be achieved in a soft market? -
Rachel Turk was speaking on an Aon Reinsurance Renewal Season panel.
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Nine-month insured losses still exceeded $100bn due to California wildfires.
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The reinsurer stressed it “did not shy” from cat business in 2023.
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Rachel Webber was most recently head of non-marine at TransRe.
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The carrier has been exploring launching into P&C organically or via acquisition.
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Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created.
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Class actions and third-party litigation funding will drive up losses.
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Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
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Plus, the latest people moves and all the top news of the week.
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The reinsurer plans to grow its US business at a higher rate than its non-US business.
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Carriers are rethinking the traditional renewal-rights model.
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