Commercial E&S
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In Q2, median property price increases decelerated to 2.3%. -
The carrier’s initial casualty offering will be wholesale-only, the executive said.
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Coverage options will extend up to $5mn.
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Andrew Rowland will oversee the portfolio, offering up to $7mn per risk.
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The deal provides Honeycomb with up to $24mn of capacity.
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The future of E&S, the wholesale landscape and casualty pricing are topics up for discussion.
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The 17.4% DWP growth, however, was a deceleration from 2021’s 25% peak.
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Andrew Knight will fill the newly created role of country manager.
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Expansion of the middle-market book is an ongoing focus.
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The top three states averaged a 3.7% year-over-year gain, compared to July's 16.1%.
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It will offer additional capacity to WTW US property clients with a limit up to $25mn.
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