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Senator Jeff Brandes and local insurance law experts tell this publication that the state’s insurance market will be hugely vulnerable without reform.
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The executive will be replaced by CFO Holger Tewes-Kampelmann.
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Researchers at Colorado State University (CSU) are expecting an above-average hurricane season for 2021, including up to 17 named storms.
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The bill sets out changes to roofing cover and changes attorney compensation structures.
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Fallout from the 2019 JLT Re integration intensifies after a group including Brad Maltese were earlier reported to be set to join Howden.
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The newcomer has also spent more than eight years at Guy Carpenter.
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The move is part of a wider strategic effort by the broking goliath to quantify the value of intangible assets.
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The Canadian pension plan more than doubled its ILS holdings after hiring a new portfolio manager.
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An increased frequency and severity of fires weigh on per-risk covers.
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The broker’s international chairman also noted an emphasis on restructuring aggregate programmes during this year’s 1 April.
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The syndicate’s net earned premium halves to £34mn.