Reinsurance
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The new Lloyd’s chief of market performance also outlined target growth areas. -
The number has expanded by around 40% from an earlier update, sources said.
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The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.
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William Soares moves from casualty and specialty CUO to president.
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HCI secured three towers with $3.5bn in XoL coverage.
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Muñoz was also Aon Re chairman for the Latin American region.
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David Baldwin joins from EIRS where he was a senior reinsurance consultant.
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Chris Jones told this publication his plans for the first six months of his tenure.
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The driver of growth has shifted from rate to volume, as pricing increases tail off.
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This year is predicted to be an above-average season, like 2024.
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The $2.59bn renewal is up 45% from last year.
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