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Reinsurers fended off 20% cuts, but wildfires pleas failed to hold pricing flat. -
Experts at Insider Progress shared tried-and-true methods to get women into boardrooms.
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Plus, the latest people moves and all the top news of the week.
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The hire follows Camilla Gower’s promotion to marine and energy liability head.
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Sources warned some property XoL books are already running 50% loss ratios.
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Cyber, marine and aviation are recent areas of focus.
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Some of the Big Four are slowing growth as the market softens.
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The property and specialty insurer reported underwriting profits of $131mn ($170mn).
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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 reinsurer anticipates downward rate pressure to continue over 2025.
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Reinsurers’ hopes that LA wildfires will slow 1.4 softening are in question.
