Service provider
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The outlook flags “large uncertainties” amid possible El Niño through summer 2026. -
Global insurance premiums reached an all-time high of $15.3bn by year end 2024.
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The system is designed to pay claims faster as well as improving capital efficiency.
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The transaction is Davies’ largest strategic M&A addition to date.
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The federation, FASE, aims to connect all participants to provide a voice for European MGAs.
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The company and its main debt provider Ares agreed to relax its debt terms in April.
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The hire will lead the firm’s UK and Europe operations.
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Julia Graham played a key role in the UK's introduction of captive-friendly regulation.
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Spectrum joins investors ForgePoint, Hudson and MTech.
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The executive has been with ASG since it was formed in 2016.
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The economic loss from the event was around EUR7.6bn.
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Losses were primarily driven by personal property lines.
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The tech firm is building a joint stock company with insurers and investors.
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A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
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The firm has also updated the loss-calculation engines of existing Jeannie tools.
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The US has been lucky over recent decades to avoid a $100bn insured hurricane event.
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Steven Crabb will become deputy chairman on the insurance solutions division.
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Both organisations still predict an above-average hurricane season.
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The forecast has increased since the early July update due to several additional factors.
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The model becomes the second in the state to get approval to affect ratemaking applications.
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The company provides management workflow for residential contractors.
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The figure updates an April estimate of EUR696mn.
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The weather-modelling agency is predicting a below-normal season.
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The company resumed work on a public offering in September.
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Sources said NY-based Lee Equity is seeking to extend its investment in the TPA heavyweight.
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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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The exec said if he were a carrier CEO, now is the time he would start looking for deals.
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Six weeks after the storm, Perils released its first industry-loss estimate at EUR619mn.
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The executive will define strategic priorities and guide global growth.
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CEO responsibilities will be shared by Chris Newman and Tanya Krochta.
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Most of the industry losses occurred in Austria, the Czech Republic and Poland.
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Brokers and service providers dominated transaction activity.
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Stuart Cheers-Berry was delegated underwriting authority controller at PoloWorks.
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Followers will automatically support primary or excess Inigo quotes.
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The role at PCS included acting as primary touchpoint for ILS.
