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Of the 178 passengers and crew on board, no serious injuries have been reported. -
A roundup of all the news you need, including our interview with IQUW’s David Morris.
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The property and specialty insurer reported underwriting profits of $131mn ($170mn).
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Plus, the latest people moves and all the top news of the week.
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The Corporation said pricing within aviation was “almost certainly inadequate”.
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CUO Rachel Turk said some syndicates were showing a “mismatch” in ambition and strategy.
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He also joined Everest’s board last week as an independent director.
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The carrier was seeking to expand its 1 March-renewing programme.
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The syndicate reported an undiscounted net combined operating ratio of 77.9%.
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The London wholesaler rebranded from GAWS of London in March last year.
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The reinsurer anticipates downward rate pressure to continue over 2025.
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Reinsurers’ hopes that LA wildfires will slow 1.4 softening are in question.
