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Helene is currently a Category 1, but rapid strengthening is anticipated over the next day. -
A quick roundup of today’s need-to-know news, including Tropical Storm Helene and AI scams.
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The transaction would be one of the largest strategic-on-strategic deals ever in the broking space.
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Admitted markets are not coming back to property as strongly as in past cycles, the executive said.
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Casualty will likely fuel some of the E&S growth, the executive said.
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In the best-case scenario, a Big Bend-landing storm could cost $3bn-$5bn, Howden Re said.
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The binding authority market is also “ripe” for consolidation, the CEO said.
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A hurricane warning is in effect from the Anclote River to Mexico Beach, Florida.
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A storm surge warning is in effect from Flamingo to Indian Pass.
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In Q2, median property price increases decelerated to 2.3%.
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Ali joins the board of Hiscox’s US subsidiary with nearly 25 years of industry experience.
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A quick roundup of today’s need-to-know news, including Tropical Storm Helene and property rates.
