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American Integrity grew GWP by 30% to $287mn and Slide GWP was up 25% to $435mn in Q2. -
The new team will be headed by Brown & Brown’s Ed Byrns.
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Scor's CEO said the P&C market had experienced a “competitive” first half.
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The broker has noted that double-digit reductions are increasingly available in property.
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Matthew Flynn joins from RenaissanceRe.
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Cat bond broking growth contributed to 6% organic growth in reinsurance.
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The measure could have landed insurers with extra tax on US business.
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A group of Bermuda staff also left the broker.
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David Baldwin joins from EIRS where he was a senior reinsurance consultant.
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Last week, TSR updated its forecast and is now predicting above-average storm activity.
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TSR previously predicted activity slightly below the 1995-2024 average.
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The agency forecasts up to five major hurricanes and 19 named storms.
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