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In a decade this market could grow from $5bn to $60bn.
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Parent MS&AD highlighted “strong underwriting fundamentals”.
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The floods add to an already historic loss tally for Canada in 2024.
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The underwriter has spent his career so far with Talbot.
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Several businesses are set to launch new marine offerings in 2025.
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There has been a period of staff displacement in the specialty reinsurance market.
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Harriet James was previously head of sustainability at RenaissanceRe
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The market grew at a rate of 32% annually from 2017 to 2022.
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The syndicate will transition to a coverholder for Greenlight Re in 2025.
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A new report put enhanced underwriting at 7% of Lloyd’s GWP with potential for fast growth.
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Parent group Talanx reported a 9M operating profit of EUR3.7bn.
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Helene losses were spread wider than initially suggested, in contrast to Milton claims.