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The recent floods in Europe are expected to be the most severe in more than 10 years.
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A storm surge warning is in effect from Flamingo to Indian Pass.
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The storm could become a major hurricane by Thursday.
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‘We need to track our metrics, we need to hold ourselves accountable,’ said Andrew Corbin-Turner.
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Top concerns also included medical cost inflation and employee benefit costs.
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Pockets in the business are still experiencing significant stress, she added.
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July and August floods and fires caused the bulk of the insured loss burden.
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A roundup of all the news you need today, including the possibility of a major Florida hurricane.
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The system is forming in the same area as 2022’s Hurricane Ian.
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The executive has also served as agriculture reinsurance VP at Navigators.
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Spencer founded ICAP, later known as Nex Group, in 1986.