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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.
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The storm could become a major hurricane by Thursday.
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Idaho and Minnesota far outpaced other reporting states in premium growth, stamping office data shows.
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The region has 13 offices across Texas and Louisiana.
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Top concerns also included medical cost inflation and employee benefit costs.