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Non-proportional business accounted for 34% of its total. -
The renewables market has seen perils such as hail deliver repeated claims.
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A roundup of all the news you need, including Coface’s upcoming syndicate launch.
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Michael O’Neill has been promoted to onshore power and renewables underwriting manager.
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Hurricane Milton brought the firm net losses of $270mn in Q4, while it forecast up to a $750mn wildfire hit for Q1.
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The figure does not include specie or auto losses.
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The nationwide carrier ranked sixth for multi-peril California homeowners' insurance in 2023.
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New entrants have contributed to competition in the class of business.
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CEO Jim Williamson said social inflation was a “growing barrier” to a vibrant economy.
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The carrier is restructuring the business into three segments.
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A roundup of all the news you need, including QBE’s hiring of Anthony Norfolk.
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