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The Week in 90 Seconds: A guide to Gallagher-Willis; Florida renewal look-ahead; Two offshore lossesPlus the insurers on-risk for the Colonial Pipeline cyber attack and all the week’s top news.
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The start-up carrier still plans to write more excess-of-loss business overall.
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Pockets of the distressed Florida market are still expected to face a challenging renewal, but much of the remediation was carried out last year.
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The Bermudian booked a $4.6mn loss from Winter Storm Uri.
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Rate increases are tailing off, but the carriers’ reports reveal divergent growth strategies.
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The Tremor CEO spoke to Inside P&C recently, offering an inside look at his company’s Panorama platform.
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The pool, which will cover cyclone and related flood damage from July 2022, is expected to bring down the cost of insurance.
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Aon-Willis, CFC's new Lloyd's syndicate, Talbot's contingency retreat and more.
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Insurance rates in the US rose 15%, while London market pricing was up 10%
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His arrival comes in the wake of a series of departures from Validus Re’s specialty reinsurance team.
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Indications from Bermudians suggest Covid-19 noise will abate, while early US reporters suggest a slowdown in rate momentum.
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Zurich’s Boston-based global head of cyber risk Lori Bailey is set to leave the business, Inside P&C understands.
