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CEO Rinku Patel said the move marked a “clear step change” in Pine Walk’s MGA strategy. -
The combined ratio improved by 3.2 points, from 80.9% in 2023 to 77.7% in 2024.
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In the first part of this series, we explore how smart-followers are mixing up their strategies.
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Ki cut its top line by 8.7%, while Beazley’s smart-tracker expanded to $481mn.
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Most of the market’s largest syndicates kept their CoRs below 90% as prices remained adequate.
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The carrier has moved to hire in the fine art and specie line after the exit of Mark Benbow.
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Ethan Godlieb will be leading cyber, tech and fintech for the broker.
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Reinsurance and property remained the primary drivers of premium growth.
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The MGA’s GWP hit $4.6bn as the CEO labelled aviation all-risks rates “woefully inadequate”.
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The Corporation’s CFO hailed profitable growth but warned syndicates to maintain discipline.
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The product supports investors of early-stage carbon removal projects.
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Syndicate 1984 is set to begin underwriting next month.
