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Treaty business written in overseas or regional UK offices fell from £1.9bn to £0.5bn in 2023.
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Flooding from the remnants of Hurricane Debby has taken carriers by surprise.
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The firm will split its global combined cat program into two layers.
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A hurricane watch is now in effect for the Louisiana coastline.
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The company is currently “underweight” in that line of business, he added.
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Carbon will recruit 30 new staff including 15 underwriters to support growth.
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Improved profitability has led some insurers to increase their own retentions.
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Bronek Masojada said London should be shouting louder about the good work it does.
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The US election is not a particular concern for the executive and the company.
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The executive struck a cautious note on the industry’s reserve adequacy for the 2021-23 accident years.
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The firm will recruit 80-90 new employees this year.
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Coalition Re to offer active cyber reinsurance via two products supported by Aspen-led capacity.