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Helene administers mini test to the Florida market
Industry sources widely expect the storm to wipe out Q3 earnings progress for domestics.
Research
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.
Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry.
Latest news
A quick roundup of today’s need-to-know news, including a potential JPI loss and broking M&A.
Sources expect at least $80mn-$90mn of insured losses stemming from the case.
Richard Pennay will become CEO of Aon Securities.
October 17 has been set as the deadline for written comment.
More News
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Arch names Amwins’ Bair as president of Ventus Risk Management
October 03, 2024 -
Ample capacity driving softening in Q4 airline renewals: Gallagher
October 03, 2024 -
Helene severity likely amplified by climate change: GC
October 02, 2024 -
TIH’s Starwind hires BMS’s Conrad as CUO
October 02, 2024 -
Insured losses from Hurricane Helene estimated at $6.4bn: KCC
October 02, 2024
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OdysseyRe hires Munich Re's Boisvert as SVP for property treaty unit
October 02, 2024 -
Ascot elevates Dalton to group chief claims officer
October 02, 2024 -
Mosaic promotes Harland to global head of professional liability
October 02, 2024 -
Canopius hires Roosevelt Road’s Bonanno to lead BDA casualty
October 02, 2024 -
Highstreet’s Goodreau appointed CEO of new subsidiary Brightstone
October 01, 2024
Opinion
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Consolidation in fronting is a deeply flawed idea
Adam McNestrie -
The Florida capital raising environment is not in the clear yet
Farhin Lilywala
Hurricane Helene: Not just a Florida story
Sources expect loss amplification in claims from Georgia, the Carolinas and Tennessee.
Most Read
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Insured losses from Hurricane Helene estimated at $6.4bn: KCC
October 02, 2024 -
Twia depopulation needs to be a priority
October 02, 2024 -
Ample capacity driving softening in Q4 airline renewals: Gallagher
October 03, 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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