-
Graeme Bell (pictured) will continue in his role as group legal officer. -
Guy Carpenter said personal lines exposure would account for 85% of the aggregate loss.
-
Severe convective storms accounted for 41% of last year’s insured loss load.
-
Kusche and Rosenberg will co-lead the firm’s global ILS business.
-
The ILS and reinsurance broker was established last October by Raj Jadeja.
-
The Palisades fire is estimated at $9bn-$12bn, while Eaton is $6bn-$8bn.
-
Paul Poschmann joins from Gallagher Re, where he was a divisional director.
-
The deal comes around three years after Markel sold a controlling interest in Velocity for $181.3mn.
-
Cat bond investors have earned a cumulative 39.6% over 2023 and 2024.
-
The forecasts anticipate a large volume of maturities and rising sponsor demand.
-
Cat bonds were a key supply-side driver at 1 January 2025.
-
Investment in the space comes mainly from the cat bond market, Gallagher Re said.
