-
Fronting growth fell by half in 2024 due to uncertain loss climate and high cost of capital. -
By contrast, capacity remains tight at the lead level.
-
There’s a question mark around the tails of AY 2021-2023, the president said.
-
The MGA secured backing from buyout heavyweight KKR in March 2021.
-
Ceding commissions remain elevated but primary rates are improving reinsurer margins.
-
The broker said the casualty segment is approaching an “inflexion point”.
-
Andrade flagged expected 5% to 10% increases in the US and Europe.
-
Overall, insurance rates fell by 1%, led by competition in property.
-
Previously, Thomas Long was an AVP for construction at Arch.
-
Plaintiff Ionian has alleged a “fraudulent scheme” under the Rico laws.
-
He will oversee the launch of Tokio Marine’s new excess casualty line.
-
The magnitude of the hurricane may impact reinsurers’ capacity deployment.
