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Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
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There has been plenty of talent churn in the transactional risks space lately.
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Financial details will not be revealed until the publication of Avolon’s full-year results.
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But cat bonds are experiencing negative secondary market price movement.
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The board intends to issue a dividend of EUR2.70 per share.
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Bolding will focus on aligning Gallagher Securities with Gallagher Re.
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In Partnership With Allianz CommericalThe renewable energy sector is a major growth opportunity for the insurance industry but the loss experience has been challenging.
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Brokers and insurers must obtain informed consent from clients for the commissions.
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The carrier disclosed it will book $1.1bn in net losses from the California fires.
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Reinsurers on portfolios with longer-tail liabilities may withdraw.
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The CMC will categorise cyber events that have a potential financial impact of £100mn+.