Reinsurance
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The role at PCS included acting as primary touchpoint for ILS. -
The start-up has achieved an A- credit rating from AM Best.
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The executive has also worked for Guy Carpenter during her 20-year career.
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As the market turns, balance sheet M&A is becoming a more appealing option.
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Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
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But cat bonds are experiencing negative secondary market price movement.
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Bolding will focus on aligning Gallagher Securities with Gallagher Re.
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The carrier is likely to exceed its Q1 large-loss budget due to the California wildfires.
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The carrier reported expansion in financial lines and marine.
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The restructuring arrangement is designed to protect creditors.
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Andy Taylor spent more than 25 years with the company.
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The agency cited the group’s increased earnings diversification and improved resilience.
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