-
Several Florida start-ups are poised to begin writing business this year. -
Wildfire loss ‘serves as a strong reminder not to unwind hard-fought for rates and terms’, the executive said.
-
Total combined losses for the agency’s Helene and Milton estimates stand at $31.8bn.
-
The carrier said 72% of those losses occurred in personal property.
-
The estimate is net of its per-occurrence reinsurance program and gross of tax.
-
Insurance Insider ILS revealed last week that the executive was leaving Property Claims Services.
-
The loss aggregator has classified the fires as two separate events for reinsurance purposes.
-
The Class B segment of the bond has priced below initial guidance.
-
More than 33,000 claims had been filed as of 5 February.
-
The carrier is “extremely well capitalised” to achieve its strategic ambitions.
-
The LA-based firm estimated gross cat losses in the range of $1.6bn-$2bn.
-
The role at PCS included acting as primary touchpoint for ILS.
