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Early Hurricane Milton estimates coalesce around $40bn-$50bn
The event has spared (re)insurers the more extreme scenarios that were under discussion earlier this week.
Research
The looming collapse of the city’s biggest livery insurer may not be cause for national concern.
Interest in these vehicles has increased recently, but market softening could throw a curve ball at growth.
A large number of new entrants and the growth of litigation finance challenge E&S enthusiasm.
While Republicans are typically perceived as best for business, there are several factors at play.
Latest news
A quick roundup of today’s need-to-know news, including Milton loss estimates and today’s CPI numbers.
Plaintiff clams he was terminated for testifying to anti-gay harassment.
The magnitude of the hurricane may impact reinsurers’ capacity deployment.
Florida concentrated property insurers are expected to face capital struggles.
More News
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Moody’s RMS stochastic model puts Milton mean wind loss at $25.3bn
October 10, 2024 -
Category 3 Milton makes landfall near Siesta Key
October 10, 2024 -
Hippo to part ways with chief revenue officer Harry
October 09, 2024 -
Employers taps Ariel Re’s Pedraja as CFO
October 09, 2024
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APCIA 2024: Milton raises prospect of further cat rate rises
October 09, 2024 -
Axis names Everest’s Schillizzi as SVP of US excess casualty
October 09, 2024 -
Florida approves takeout of 310,000 Citizens policies
October 09, 2024 -
Hurricane Milton now a Category 4 storm: NHC
October 09, 2024 -
Cyber claims exceeding EUR1mn up 14% in H1 2024: Allianz Commercial
October 09, 2024
Opinion
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With its McGriff deal, Marsh McLennan is betting big on MMA as a mid-market consolidator
Adam McNestrie and Ben Wylie -
Twia depopulation needs to be a priority
Shelby Rosenberg -
Consolidation in fronting is a deeply flawed idea
Adam McNestrie
Milton in brief: What you should know
Florida domestics, reinsurance rates and the NFIP are all under watch.
Most Read
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Hurricane Milton: The story so far in five charts
October 10, 2024 -
III fired exec for reporting CEO's 'homophobic slurs,' suit alleges
October 09, 2024 -
Moody’s RMS stochastic model puts Milton mean wind loss at $25.3bn
October 10, 2024 -
Medical care CPI rises 0.4% in September after 0.1% drop in August
October 10, 2024
Praedicat CEO Bob Reville outlined the firm’s approach to "casualty cat" as liability risk modeling continues to mature.
Admitted markets are not coming back to property as strongly as in past cycles, the executive said.
Casualty will likely fuel some of the E&S growth, the executive said.
Pockets in the business are still experiencing significant stress, she added.
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