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The Lone Star State has seen rapidly increasing rates in recent years. -
The only major product line to see rate increases was casualty.
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In a post on LinkedIn, Steve Arora said investor appetite “just wasn’t there”.
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Rates for umbrella accelerated to 9.26%, from 8.76% in Q4 2024.
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The specialty insurance platform has now exceeded $3.1bn in premiums.
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The insurer's professional liability reinsurance book shrank by around 25%.
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He will replace Scott Lee, who is retiring after 40 years in claims.
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After seven years of premium rate growth, rates are down 5% to 40% across the US.
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Despite positive inflation headlines, there are issues for insurers under the surface.
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The Floridian company applied to be traded on the NYSE.
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Rouse was promoted to co-global placement leader last October.
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Live since May 2023, the reinsurer has over 40 trading relationships currently.
