Property
-
The rate change will be implemented in November. -
The executive has worked for Scor, RMS, Aon and SiriusPoint, among others.
-
The unit will support Ascot’s third-party capital business.
-
Positive cat experience impact of $600mn was offset by $500mn in property and specialty reserves.
-
Rising premium income is not keeping pace with the increased cost of claims.
-
Sources said Guy Carpenter has promoted Jennifer Paretchan to succeed Mowery.
-
The ILS business increased H1 fee income by 13% to $68mn.
-
Sidecar vehicles are being tailored to match investors’ objectives.
-
Allocators are waiting for 2024 to pan out, according to Hiscox CEO Aki Hussain.
-
Severe thunderstorms, mainly in the US, accounted for 70% of insured losses globally.
-
It consisted of three major earthquakes within a nine-hour period on 6 February 2023.
-
Geico more than tripled underwriting profits.
