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The ratings agency warned negative PYD on US casualty will likely continue.
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Signs of discipline indicate a “break” from past boom/bust market cycles.
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Some 32% of survey respondents expect property cat rates to fall by more than 7.5%.
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The ratings agency was presenting its outlook ahead of the Monte Carlo Rendez-Vous.
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The deal is part of Gallagher’s ongoing Asia-Pacific investment strategy.
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Strong CoRs and investment returns supported profitability in H1 2025.
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Sébastien Bardy joins from Allianz to lead the firm’s financial scale-up.
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The Japanese carrier faces integration challenges to make a success of the deal.
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The underwriter has over 20 years' experience in the construction insurance sector.
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The deal ends Livingbridge’s two-year attempt to sell the UK broking/MGA platform.
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The carrier is looking to take a lead position in energy-transition risks.
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Henrietta Butcher leaves Tysers after decades with the broker.