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A hurricane watch is now in effect for the Louisiana coastline.
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The company is currently “underweight” in that line of business, he added.
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Improved profitability has led some insurers to increase their own retentions.
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Expansion of the middle-market book is an ongoing focus.
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Coalition Re to offer active cyber reinsurance via two products supported by Aspen-led capacity.
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Future deal flow in the US could come from more adequately reserved liability lines.
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Some Canadian cedants have approached the market for top-up cover.
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The choice to build a reinsurance unit at arm’s length alleviates some financial strain.
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The reinsurer constructed a “social inflation index” for a new study.
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Hereford and Maya have written $141mn and $15mn in DWP for H1 2024, respectively.
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ATIC insures about 60% of the NY livery market.
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The broker reported that global reinsurer capital reached a record of $695bn as of June 30.