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The carrier had earlier signalled that uncertainty over reinsurance would affect its ability to write new business.
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Inside P&C walks you through the highlights of 2022.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Personal lines insurers see a vastly different outlook in 2022 than 2021 and their reserve development reflects this.
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The update to the October figure implies the ultimate number will comfortably breach the $50bn mark.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The announcement comes after a year and a half since Cohen was tapped to succeed Mike Miller after a “planned transition”.
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The updated loss and allocated loss adjustment expenses in the property segment from the hurricane is now $1bn.
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Inside P&C dissects the largest and hottest deals of the year across broking, commercial lines and other segments of the industry.
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TigerRisk Capital Markets & Advisory acted as exclusive structuring and placement agent for the reinsurance sidecar.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.