North America
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It estimated insured losses from nat cats on track to exceed $135bn in 2024. -
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The carrier attributed the intensification of storms this season to climate change.
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WTW sold Willis Re to Gallagher in 2021 for $3.5bn.
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The executive is currently Asia Pacific CEO.
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The 2025 target would be ~25% larger than the $3.56bn it placed for 2024.
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The 2024 hurricane season stayed within predictions for high activity but lacked market-moving events.
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The Class B notes on the carrier’s debut deal attach at $500mn of losses.
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The loss figure has increased 200% from the initial number provided in October.
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The broker’s US retail foray will throw the cards in the air. Where might they land?
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CEO Mario Greco said his future retirement had nothing to do with bringing the plan forward.
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The broker will be using Verisk US agricultural risk models.
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