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The deal provides Honeycomb with up to $24mn of capacity. -
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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Property rates had increased 25.5% one year ago, in Q2 2023.
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Renewals with flat or increased premiums are on the rise, however.
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Reinsurers will likely push for double-digit US premium rate increases.
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The duo have several years’ experience in specialist construction risk.
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Potential for rate cuts at the upcoming Fed meeting should be an addressable event for P&C insurers.
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Francine has been the eighth Category 2 or larger storm to make landfall in Louisiana since 2000.
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US liability was a hot topic at the European conference.
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The storm is expected to make landfall in the next several hours.
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Andrew Knight will fill the newly created role of country manager.
