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A roundup of all the news you need today, including an interview with Coverys London. -
O’Brien was previously head of cyber centre of excellence for international at Guy Carpenter.
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CEO Stef Raftopoulos said the company platform will let the operation reach a suitable scale.
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Plus the latest people moves and all the top news of the week.
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Cat losses in reinsurance rose 11.1% year over year to $45.1mn, driven by Hurricane Helene.
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Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.
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Insurance will be one of five priority growth opportunities in financial services.
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The additions included significant reserve bolstering for recent year portfolios 2021-2023.
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Acrisure’s syndicate launched in 2023 with an $84.4mn stamp.
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Under his leadership SiriusPoint has established partnerships with several marine MGAs.
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Nat cat pricing is expected to be more or less flat, with rises on loss-affected programmes.
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The number of Corporation roles potentially impacted remains unknown.
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