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The company also has $100mn for US hurricane events. -
Last week, TSR updated its forecast and is now predicting above-average storm activity.
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The total cost excluding a 15% quota share was $201.85mn, with rates down 12.2% from last year.
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Plus, the latest people moves and all the top news of the week.
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A roundup of all the news you need, including our interview with Conduit Re’s new CEO.
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Most of the losses are attributable to a supercell storm in Texas.
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Eckert said the reinsurance market is still at historically well priced levels.
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What’s next for Conduit Re’s strategy following a leadership shake-up?
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The executive replaces Mike Warwicker, who left the firm earlier this year.
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A 20% increase in FHCF retention levels sent cedants to the private market.
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A roundup of all the news you need, including preliminary 2024 results for Helios.
