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Carriers are rethinking the traditional renewal-rights model. -
As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
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The carrier has renewed and extended its capacity arrangement with the MGA.
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Improved performance and growing investment returns played a role in the upgrade.
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The executive was most recently serving as CRO – insurance.
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The protection gap must be closed before a public cyber reinsurance scheme is possible.
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The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
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Winds have strengthened to 80 mph, and the hurricane is expected to intensify further over the next 48 hours.
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Tom Potter was global casualty underwriting manager for UK & Lloyd’s at Axa XL.
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The tropical cyclone is expected to be named Imelda.
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This will be Fidelis’ first office in North America and will be led by former Navigators Re head Ivan Vega.
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The Corporation’s chair reiterated its aim to reduce the cost of doing business.
