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Lower premium rates, wider coverage terms and a fall in bank rates will cap returns this year.
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Tom Gray spent the best part of a decade at Lancashire.
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Reinsurers could use retained earnings to target growth and buy more retro.
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The industry has continued to build and innovate through a third strong year of performance.
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The ILS start-up was founded in January by Hanni Ali and Peter Dunlop.
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The bond will provide protection against US wind with a PCS trigger.
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The carrier will continue to write assumed retro in Bermuda.
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The sidecar will support five programs providing specialty frequency coverages.
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The market has learned lessons from earlier soft market phases that it will apply now.
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Nick Fallon is the latest in a string of retro-broker moves in the market.
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Syndicate 1440 was approved to assume business incepting January 2026.
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The ratings agency warned negative PYD on US casualty will likely continue.
