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Ed Louth will join Liberty next year after serving out his contractual duties at Willis. -
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The storm devastated Jamaica and Cuba, but insurance penetration on the islands is low.
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The June 2024 ransomware attack produced claims across many firms.
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Cyber, mortgage and crop were identified as attractive growth areas.
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The consortium will target excess layers, providing $250mn of capacity.
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A roundup of all the news you need, including our CDK ransomware loss estimate.
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The carrier said nat-cat losses remained “well below” those of prior years.
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InsurTech funding was down 7.3% from $1.09bn in the prior quarter.
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The carrier’s retail division saw premiums increase by 7.3% to $2bn.
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The executive said the firm has grown its casualty business by 80% from 2022.
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