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The CUO described the pricing dynamics in the line as “strong and good”. -
The worsening of extreme weather is becoming a global problem, presenting data challenges.
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Softening in the upstream market has also accelerated beyond expectations.
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The carrier laid out its business mix for the newly launched reinsurance syndicate.
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Willis said rising energy demand is creating a revival in the nuclear industry.
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Argenta will also manage the run-off and renewal of the previous White Bear binder.
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Reinsurance and property remained the primary drivers of premium growth.
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The product supports investors of early-stage carbon removal projects.
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The broker has also named Andrew Herring chair of the division from next year.
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The binder will provide capacity for international fac property, power and onshore energy.
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The Corporation said pricing within aviation was “almost certainly inadequate”.
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The broker said the list of perceived obstacles was “fairly damning” for insurers.
