-
ISA is part of Ryan Specialty National Programs, which launched last month. -
Alex Amezquita will fill Cahill’s previous position as CFO.
-
The business will still look at large non-life deals in particular in-the-money ADCs.
-
Live since May 2023, the reinsurer has over 40 trading relationships currently.
-
The investment recovery will be welcome but Chinese tariffs will contribute to loss-cost inflation.
-
Erik Manning is joining the business from BMS as head of ceded reinsurance.
-
He will oversee Ascot’s US and Bermuda insurance and reinsurance companies.
-
The package comprises a $100mn cat bond and a $70mn sidecar.
-
P&C has strengths that will help it survive this crisis, but not without some pain.
-
The prediction comes after a highly active hurricane season in 2024.
-
The insurer also pointed to accelerating growth, M&A to come, and a sub-30% ER.
-
Total reinsurer capital grew by $45bn in 2024 to $715bn.
