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In Partnership With Falvey Insurance GroupJack Falvey, CEO of Falvey Insurance Group, talked to Insider on Air about what sets his MGA apart in an increasingly crowded field and why “just having relationships” isn’t enough anymore. -
Of the 178 passengers and crew on board, no serious injuries have been reported.
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The property and specialty insurer reported underwriting profits of $131mn ($170mn).
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Plus, the latest people moves and all the top news of the week.
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Lloyd’s hopes to protect healthy pricing, but focus is on broader structural market shifts.
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CUO Rachel Turk said some syndicates were showing a “mismatch” in ambition and strategy.
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The Corporation said pricing within aviation was “almost certainly inadequate”.
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He also joined Everest’s board last week as an independent director.
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The carrier was seeking to expand its 1 March-renewing programme.
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The syndicate reported an undiscounted net combined operating ratio of 77.9%.
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The reinsurer anticipates downward rate pressure to continue over 2025.
