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Florida carriers post top-line expansion in Q1
Cession ratios declined at three of the four publicly listed Floridians.
Liz Bury
,
10 May 2024
Ark books 94% Q1 CoR, reports $15mn Baltimore bridge loss
The carrier also reported a $16mn satellite loss during the quarter.
Rachel Dalton
,
10 May 2024
AmCoastal secures over 90% of limit for 2024-25 reinsurance programme: Martz
The company plans to reduce its quota share to 20% from 40%.
Danielle Ling
,
09 May 2024
AXA XL Americas CEO: AI Is Impacting Every Industry
It’s critical that insurers help clients to evolve and manage new and different risks stemming from AI, said Lucy Pilko, CEO of the Americas for AXA XL at RISKWORLD in San Diego.
10 May 2024
WTW Analytics Head: Data Tools Evolving to Manage Both Insurable and Non-Insurable Risk
Data tools are helping businesses better understand and manage risk beyond just buying insurance, said John Merkovsky, global head of risk and analytics, WTW, at RISKWORLD in San Diego.
10 May 2024
Beazley CEO: E&S Market Growing as Risks Becoming More Complex
Growth in the E&S market is expected to continue, as risks are continuing to become more complex and difficult to place in the admitted market, said Adrian Cox, CEO, of Beazley at RISKWORLD in San Diego.
10 May 2024
Hartford’s Tooker: Captives, Loss Prevention Can Help Fight ‘Rate Fatigue’
Businesses that have faced multiple years of rate increases are finding relief through innovative solutions including captives and telematics, said Mo Tooker, head of commercial lines, The Hartford, at RISKWORLD in San Diego.
10 May 2024
State Farm secures $1bn of limit for Merna Re cat bond
The sponsor was targeting between $850mn-$1.1bn of coverage in the latest mega-bond to hit the ILS market.
Jai Singh
,
09 May 2024
Nephila wins $300mn mandate from Florida SBA
The capital will be deployed by Bermuda-based special purpose insurer Arachne.
Jai Singh
,
09 May 2024
Sompo’s Sparro: Growing Demand for Customized Solutions Feeding E&S Market Growth
E&S has thrived around innovation and will continue to grow in 2024 and 2025, said Chris Sparro, CEO of North America, Sompo Commercial and P&C Insurance at RISKWORLD in San Diego.
10 May 2024
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