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The company, meanwhile, is bullish on E&S US casualty. -
The Insurance Insider US news team runs you through the earnings results for the day.
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Rate meanwhile continues to be an area of focus in the lines most impacted by social inflation, the CEO noted.
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A majority of losses come from property-oriented businesses and inland marine.
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The carrier anticipates the impact of the wildfires to drive January cat losses up to $40mn.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The arrival of Marsh’s Donnelly will "accelerate" US specialty growth, the CEO said.
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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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Aon saw lower rates in reinsurance as capacity outstripped demand.
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President Andersen said he was optimistic about the 2025 reinsurance market.
