-
Weather activity and adverse claims trends in Florida have impacted underwriting results, the ratings agency said.
-
Occurrence retro rates are among the segments where rate pressure is abating, although the outlook remains somewhat opaque in a late renewal.
-
This event brings total Australian hailstorm losses to over A$3.64bn in 2020, Perils said. -
The updated spread implies a slightly lower multiple on the retro quake notes.
-
Aon’s Impact Forecasting put total insured losses across various events including Hurricane Eta at $1.2bn or more.
-
The state-backed carrier escaped lightly from hurricane losses but 500 Eta claims await payment.
-
The North America property underwriter joins from Markel alongside a slew of former Hiscox colleagues.
-
Carriers have raised $19bn so far this year, with another $3bn in the pipeline, the broker says.
-
This is the carrier’s first public cat bond after a private deal done through Guy Carp’s Cerulean platform in 2019.
-
Former president Widdicombe has taken the role of chairman, as planned, but won’t serve on any board committee.
-
The Q4 figures represent an increase of 24% since July 2020.
-
The executive will lead the retrocession and property specialty segments.
