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Sources said Guy Carpenter has promoted Jennifer Paretchan to succeed Mowery. -
The ILS business increased H1 fee income by 13% to $68mn.
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The firm predicts 2024 will be a record year for primary issuance.
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The proportion of total fund assets invested in non-life ILS held steady at 0.6%.
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Florian Steiger’s strategy is seeking institutional capital for the Q4 primary issuance season.
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The firms’ partnership preceded Japan's first ‘megaquake’ warning.
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The peril can no longer be considered secondary, according to Gallagher Re.
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The July downtime will increase relevance, demand and innovation for the market.
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The losses were not passed through to the firm’s ILS business.
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Everest losses ceded to Mt Logan grew by 63% to $26mn.
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Debby should be a “very manageable” storm for the (re)insurance market, it said.
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