Guy Carpenter
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Guy Carpenter said personal lines exposure would account for 85% of the aggregate loss.
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The broker estimated ILS capital has reached $107bn.
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Magnani has served for more than 14 years in ILS broking roles.
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The panelists discussed the ILS reset and the path to maintaining discipline in this sector.
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Francine has been the eighth Category 2 or larger storm to make landfall in Louisiana since 2000.
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Demand for peak peril retro increased significantly in Q2 2024.
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The broker said it expects strong ILS capital inflows to continue.
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Sources said Guy Carpenter has promoted Jennifer Paretchan to succeed Mowery.
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The broker said less than 1% of companies globally with cyber insurance were impacted.
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The rise is equal to 5%-10% of catastrophe capacity purchased, including cat bonds, depending on region.
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Two-thirds of Guy Carpenter’s clients bought more coverage in H1.
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The flattish outcome comes after a larger year-on-year hike in January.