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The challenge now is balancing top-line growth with underwriting discipline amid falling rates.
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Rates continue to drop as capacity is ample, the broker said.
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Plus the latest people moves and all the top news of the week.
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The cyber business will continue to operate as a standalone entity.
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Carriers expect a rise in the severity and frequency of claims over the next two years.
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The broker’s fac reinsurance division will encompass around 70 staff, it is understood.
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Lloyd’s executives have suggested ceded reinsurance syndicates could help London compete in treaty.
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Plus, the latest people moves and all the top news of the week.
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Green hushing is on the rise as Trump rows back on climate initiatives.