Operations/tech
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Indirect exposure to cat risk through long-term investors gives Markel optionality.
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HCI will now consist of two operating units – the other being its four underwriting entities.
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The broker also plans to hire from LSN Re and Aon Re, as part of a build-out of its team in the French capital.
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The company’s reinsurance premiums ceded fell by 58% to $149mn.
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Fee income fell by 42% to $25.1mn in Q3 over the prior-year quarter.
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Artex said the solution should allow for the expansion of services in the Middle East and Africa.
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Better performance data and clarity around entry are key, report says.
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Relentless focus on annual outcomes provides a packaging that doesn’t fit the purpose.
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Revenue, country and industry sector drive modelled output divergence.
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Exposure updates played a greater role than expected.