-
The agency forecasts up to five major hurricanes and 19 named storms. -
As with 2024, pricing pressure has been most acute on top layers.
-
Berkshire Hathaway lost market share but remained the largest traditional reinsurer, our study shows.
-
Proceeds will expand the company’s reinsurance protection in Florida and South Carolina.
-
The revision is significantly lower than the $4.5bn October estimate.
-
Some $200mn of fresh limit entered the ILS market as $3.4bn of deals priced.
-
The bond provides coverage on personal-lines property in Florida.
-
With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations.
-
The total cost for the program increased 1.8% from last year’s.
-
The carrier’s estimated first event limit could increase 16%, to $1.35bn.
-
California homeowners are also expected to move admitted business to E&S.
-
The bond will provide storm protection in Florida and South Carolina.
