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The storm is likely to be one of the costliest weather events in Canadian history.
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The business will prioritise growth in the life segment.
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The broker said clients could expect to see double-digit rate decreases this year.
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A roundup of all the news you need, including Axis Capital’s new head of ceded re for NA.
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The executive has also worked for Guy Carpenter during her 20-year career.
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The government’s consultation ended on Friday (7 February).
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Michael Wade, who joined Helios in 2023, led the group’s portfolio-restructuring exercise.
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The state has seen 11 new entrants into the insurance market, reflecting renewed confidence.
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Iumi expressed concern about the escalation of trade wars.
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Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
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There has been plenty of talent churn in the transactional risks space lately.
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Financial details will not be revealed until the publication of Avolon’s full-year results.