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The panelists discussed the ILS reset and the path to maintaining discipline in this sector. -
Moody’s also predicts losses to the NFIP at potentially more than $2bn.
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The storm is packing maximum sustained winds of 175mph.
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The government flood insurance program now carries $21bn in debt.
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The hull market is currently experiencing high levels of competition.
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Milton is expected to move north of the Yucatan Peninsula today and cross the eastern Gulf of Mexico by Wednesday.
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The executive moves from his current role as chief risk officer for Axis Managing Agency.
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The loss ends a spell of benign claims activity in the downstream segment.
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Simon Theobald joins from AIG where he was senior construction underwriter.
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The streamlined group consists of four brokers and four underwriters.
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Matt Foster joins Coalition following an eight-year tenure at Munich Re.
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A roundup of all the news you need today, including concerns about the impact of Tropical Storm Milton.
