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Elevated casualty and high property claims are concerns, however. -
Major reserve releases help drive strong Q3 and year-to-date results, but the industry looks over-optimistic.
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Castel founder Mark Birrell will take the role of executive chairman.
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The 2024 hurricane season stayed within predictions for high activity but lacked market-moving events.
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Guy Pierpoint will report to head of marine Phil Wheeler.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The executive will oversee all financial operations for the Howden-owned MGA.
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Weiss Ratings has claimed that insurers are short on reserves and deny legitimate claims.
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The Class B notes on the carrier’s debut deal attach at $500mn of losses.
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The start-up has secured BMA approval as it looks to a 1 January kick-off.
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The firm laid off senior leaders this month, weeks after it began pursuing a sale, this publication can reveal.
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The hybrid fronting carrier was launched last year and is led by Talbot alumnus Sam Reeder.
