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Ark's combined ratio included 25 points of catastrophe losses in Q1. -
Ransomware threat actors are continuing to attempt ‘smash and grab’ attacks.
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The market is also facing potential losses from injuries to NFL stars.
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The CEO expects overall P&C pricing to be “stable” through 2025.
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The insurer has not decided whether to sell its Eaton subrogation rights.
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Beazley, Hiscox and Lancashire all grew in Q1 despite widespread rate decreases.
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The facility provides up to $100mn in claims-made excess casualty coverage.
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Lloyd’s chair Bruce Carnegie-Brown officially hands over to Charles Roxburgh today.
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The carrier estimated its California wildfire loss at $145mn-$165mn.
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Growing economic and population exposures are driving potentially larger insured losses.
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Ann Field, Matt Moore and David Griffiths have also had promotions.
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Six weeks after the storm, Perils released its first industry-loss estimate at EUR619mn.
