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RenRe gave the highest anticipated market loss of $50bn. -
This is FMH’s first acquisition since acquiring Axa XL’s crop unit last April.
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The arrival of Marsh’s Donnelly will "accelerate" US specialty growth, the CEO said.
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The company says the recent wildfires will be the costliest in its history.
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At January 1 renewals, prices dropped 5%-15% for loss-free programs.
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CEO Carl Hess said WTW is entering 2025 with “considerable momentum”.
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The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
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The new Floridian carrier plans to write homeowners’ insurance in Q1.
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The PE firm held over 6.7 million Axis shares, around 8.2% of shares outstanding.
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The MGA and 49% owner SiriusPoint could bring in a new investor.
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President Andersen said he was optimistic about the 2025 reinsurance market.
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The broker introduced 2025 guidance for mid-single-digit or greater organic growth.
