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Habitational, lessors’ risk and BOP accounts are among the most challenged. -
As the industry gathers in San Diego, these are the key discussion points.
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The company says its insurance policies “include significant property and inventory coverage”.
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Approximately 1.2 million units are vacant throughout the state.
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Overall economic losses hit $45bn in the first quarter of 2024.
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The carrier is also targeting E&S growth in property brokerage and global specialty.
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The US large property team will support middle-market and corporate clients.
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Concern about vague cat modeling language was a theme at a Tuesday workshop.
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The casualty segment posted $18mn of favorable reserve development across multiple accident years.
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Freeman has spent 11 years in property leadership roles with BHSI.
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Duncan Milne and Cabot Lyman are both leaving Aon for McGill.
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The ratings agency cited erosion in the company’s surplus position, among other developments.
