-
The March 13-16 storms would mark the first billion-dollar US SCS event of the year. -
The syndicate achieved a profit despite a “relatively heavy” catastrophe year.
-
The broker has promoted Oriol Gaspa Rebull to global head of analytics strategy.
-
The broker said that businesses not investing in AI capabilities would be left behind.
-
Instead, the reinsurer plans to write more casualty business through its innovations book.
-
Most of the market’s largest syndicates kept their CoRs below 90% as prices remained adequate.
-
MAP’s Christopher Smelt said impact on nationwide programmes will cause risk aversion.
-
Price Forbes operations in Miami, Chile and Peru will report to Mulic.
-
The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.
-
Reinsurance and property remained the primary drivers of premium growth.
-
The Corporation’s CFO hailed profitable growth but warned syndicates to maintain discipline.
-
Hurricane Milton was the largest group loss event at EUR290mn for the year.
