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The Italian hailstorm event in the summer 2023 saw estimated losses nearly triple. -
The company increased its full year 2024 adjusted net income guidance.
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Concerning hurricane forecasts are among the factors driving tighter reinsurer capacity.
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The proposals include increasing either statutory or CRTF funds.
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The program includes all perils coverage and third-event protection.
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Traditional reinsurers such as Berkshire Hathaway and Arch pushed for more share, our annual study of Florida cessions shows.
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Rates are still materially higher than pre-pandemic and lower layers are holding firmer.
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CFO Christoph Jurecka declined to give a loss estimate for the Baltimore Bridge loss.
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Sanders Re cat bond coverage attaches higher than last year at $5.46bn.
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The firm said it expects Capital Partners to continue to grow.
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Aspen said reduced reinsurance appetite made it a good time to seek alternative capacity.
