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Claims in recent months have brought a period of benign loss activity to an end in the class. -
The storm is likely to be one of the costliest weather events in Canadian history.
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The broker said clients could expect to see double-digit rate decreases this year.
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The executive has also worked for Guy Carpenter during her 20-year career.
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Michael Wade, who joined Helios in 2023, led the group’s portfolio-restructuring exercise.
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As the market turns, balance sheet M&A is becoming a more appealing option.
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The state has seen 11 new entrants into the insurance market, reflecting renewed confidence.
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Iumi expressed concern about the escalation of trade wars.
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Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
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Financial details will not be revealed until the publication of Avolon’s full-year results.
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Plus, the latest people moves and all the top news of the week.
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But cat bonds are experiencing negative secondary market price movement.
