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Compared with its initial figure, CatIQ’s latest estimate has increased by 40%. -
The homeowners’ carrier has secured Floir approval.
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Loss estimates for the disaster from the likes of KCC, Verisk and Moody’s RMS now range between $28bn and $40bn.
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Bradley was construction team leader for US casualty at WTW.
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The E&S lines division adds property, casualty and financial lines.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Sources said the MGA secured support from MS Transverse, Axis, AmTrust and Summit for TL business.
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Sources said Dowling Hales is advising the professional lines quoting platform on the process.
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Guy Carpenter said personal lines exposure would account for 85% of the aggregate loss.
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The FIO has limited power, but it has attracted fierce industry opposition.
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The laws mandating payments were enacted after devastating fires in 2018.
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The insurer’s strong Q4 results might not read across to the rest of its peer group.
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