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The modeller said 3 million homes were without power at its peak. -
Two-thirds of Guy Carpenter’s clients bought more coverage in H1.
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Philipp Ruede spent 12 years at the broker performing several roles.
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The figure is well above the historical average of $39bn for this century.
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Hennon spent 17 years as professor at the University of North Carolina.
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Allstate’s total pre-tax cat losses for H1 2024 were $2.85bn versus an estimated $4.39bn in H1 2023.
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Most of the losses occurred in Bavaria and Baden-Wuerttemberg.
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Twia’s analysis showed existing rates were inadequate.
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The firm has observed a “more widespread investor base” in cat bonds.
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The insurance sector’s RoE is expected to exceed 10% next year.
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The negative L&H result was driven by reserve updates.
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The negative L&H result was driven by reserve updates.
