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Areas with growing demand and complexity include natural catastrophe and cyber, it said. -
The Flex consortium will offer up to EUR/$50mn limit.
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The executive also highlighted SRCC in property treaties as a concern.
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Cedants and brokers called for long-term relationships as reinsurers addressed loss creep.
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Craig Miller most recently held the role of UK commercial director at Dual Oliva.
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DeWitt was recently VP of financial planning and analysis and head of investor relations at Marsh.
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The IG’s $3.1bn reinsurance tower is facing double-digit pricing increases in the wake of the Baltimore bridge disaster.
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Underwriters are broadly pricing on the basis of a $1.5bn Baltimore claim, but there is uncertainty.
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Axa XL Re has hired former Swiss Re executive Greg Schiffer as its North America CEO, effective from 11 November.
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A roundup of all the news you need today, including CoreLogic’s estimate of insured losses from Hurricane Milton.
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The underwriter was head of W&I for the UK and Ireland at Mosaic.
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The company said $13bn-$22bn will come from wind damage.
