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Both carriers have extensive reinsurance coverage. -
There are signs that Florida’s insurance industry is coming under increasing legislative scrutiny.
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Almost 300,000 people have been left without power from the storm.
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This loss number covers the property line of business.
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The London D&F market will shoulder most of the losses.
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Eric Paire was head of capital advisory at Aon for nearly seven years.
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The terrorism pool has shifted its programme from facultative to an XoL arrangement.
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Climate change and other loss impacts were not adequately incorporated, sources said.
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HCI will now consist of two operating units – the other being its four underwriting entities.
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DaVinci equity plus debt stood at $3.25bn as of 31 December.
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The carrier increased premium by 7% at the January renewals.
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The firm reported record fee income of $128.2mn in 2024, up 26%.
