North America
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But cat bonds are experiencing negative secondary market price movement. -
Bolding will focus on aligning Gallagher Securities with Gallagher Re.
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The carrier disclosed it will book $1.1bn in net losses from the California fires.
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The carrier has been reducing its presence in the state since 2007.
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The carrier’s Eaton Fire loss would be a retained net loss hit.
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The underwriter has worked at Axis for a decade.
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Derrick Easton has led Willis’s US ART team since joining the company in 2015.
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The arrival of Marsh’s Donnelly will "accelerate" US specialty growth, the CEO said.
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CEO Carl Hess said WTW is entering 2025 with “considerable momentum”.
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The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
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President Andersen said he was optimistic about the 2025 reinsurance market.
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The broker introduced 2025 guidance for mid-single-digit or greater organic growth.
Most Recent
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Enstar Q1 net profit falls 58% to $50mn
02 May 2025 -
Daily Digest: Top news from 2 May
02 May 2025