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The updated loss and allocated loss adjustment expenses in the property segment from the hurricane is now $1bn. -
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.
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2022 marked a reversal from last year’s unprecedented levels of global investment in InsurTech as the macroeconomic scenario flipped and investors put lossmaking companies under a magnifying glass.
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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 news team runs you through the key highlights of the week.
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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 transaction covers net reserves for losses and loss expenses of approximately $400mn and provides ground-up cover to a policy limit of $605mn.
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Year-on-year rate increases were largest in commercial property, which saw a 7.92% hike in November.
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E&S pricing in Texas increased 28.1% to $10.6bn year-to-date, the stamping office reported.
