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The US has been lucky over recent decades to avoid a $100bn insured hurricane event. -
The broker said 2026 will bring a “cautious but deliberate” aviation reinsurance environment.
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The company was hit with a data breach on July 16.
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Matthew Budd has over 30 years’ claims experience and previously worked for Talbot and XL.
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The carrier booked top-line growth of 2% in H1.
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Rates were down 3.9% across its portfolio in the first half of 2025.
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The estimate covers property and vehicle claims.
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Steven Crabb will become deputy chairman on the insurance solutions division.
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This publication revealed two years ago that EQT could lodge a $1bn claim.
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The syndicate now predicts a return on capacity for 2021 of between -5% and 5%.
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Both organisations still predict an above-average hurricane season.
