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The platform aims to “bend the loss curve”. -
The relationship between growth and capital is “symbiotic”, the broker said.
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Lenders include Morgan Stanley, Permira and Bridgepoint.
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Former head of construction Bill Creedon will assume the role of chairman.
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The broker’s joint venture with Bain Capital still lacks a CEO.
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Geopolitical turbulence brings new challenges that primary specialty lines carriers urgently need to address.
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Earnings covers do not need to equal aggregate reinsurance deals, the broker said.
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Reinsurers are ready to draw a line under a worsening claim outlook across the casualty market.
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
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Excess capacity will sustain softer rates, as organic growth challenges lead to more M&A chatter.
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Reinsurance CEO Wakefield said reinsurance structures may evolve for prolonged growth.
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The CEO said the AHJ acquisition brought a ‘step change’ to Miller’s reinsurance growth.
