-
Helene losses were spread wider than initially suggested, in contrast to Milton claims. -
Strong growth in fee income builds on the favourable rating environment.
-
The ILS unit’s AuM was higher by $100mn compared to $1.9bn as of 30 June.
-
The reinsurer took $743mn of nat-cat losses in the quarter.
-
Nat cat pricing is expected to be more or less flat, with rises on loss-affected programmes.
-
The new funds will target the US wealth market through financial professionals.
-
A total of $2.1bn in Fema money has been approved for the state.
-
Tyler left Gallagher Re earlier this year.
-
In other property, Helene and Milton will assure rates remain attractive, he added.
-
The carrier said it expected its Milton losses to fall below its EUR500mn ($537mn) Helene loss.
-
Stokes has been with Pillar for nearly four years.
-
Only around EUR70mn-EUR140mn will fall to private insurers.
