-
The Howden-owned MGA lost ~$250mn in cat capacity in September. -
Fears around social inflation have maintained upwards pressure on US liability reinsurance pricing.
-
Additional capacity for upper-layer coverage is driving rate reductions, the broker said.
-
Forecasters have warned that a number of meteorological factors could make this year the most active on record.
-
The new hire will build a portfolio of niche liability classes.
-
The outlook calls for an 85% chance of an above-normal season.
-
The Lloyd’s chief of markets said he was generally comfortable with market fundamentals.
-
The underwriter will head up casualty reinsurance for the US and elsewhere.
-
The former R&Q head of legacy will join as an adviser.
-
The bridge disaster added 6.3pts points to the company’s overall CoR in Q1.
-
The vehicle will give the legacy carrier a US platform.
-
Enstar recorded $280mn of other income in Q1 2023 related to Enhanzed Re.
