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The broker’s latest report finds stability but continued price discipline in most lines and regions. -
The carrier is increasing underlying rates to counter increased reinsurance costs and inflation.
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The executive first joined Vantage in 2021 after stints at Hamilton and Allied World.
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The collapse of the Net-Zero Insurance Alliance means insurers must find new neutral ground to continue ESG engagement, CEOs at the Geneva Association's General Assembly said.
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Plus the latest executive moves and all the top news of the week.
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Some cedants paid more than 40% increases depending on Florida concentration and Hurricane Ian losses.
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Most forecasters predict below-average activity in the region – but opposing weather phenomena mean uncertainty is higher than usual.
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The US National Oceanic and Atmospheric Administration (NOAA) has forecast “near normal" hurricane activity in the Atlantic this year.
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The New Zealand carrier has topped up its cat programme to maintain a NZ$889mn limit.
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Early private deals have provided far more stability in this year’s renewal than last.
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Most carriers were keen to talk about how they are taking on the ongoing hard market in Q1, but some complexities partly offset their good news.
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Reinsurers are starting to see increased demand from personal lines, where valuations are being updated to match inflation.
