-
The spillover impact from the LA wildfires will play a major role in how much reinsurance capacity will be available. -
RenRe gave the highest anticipated market loss of $50bn.
-
Anti-DEI shareholder activist groups are targeting directors and officers with increasing threats of litigation.
-
The impact of the devastating California wildfires is too early to ascertain, executives said during earnings calls.
-
Acrisure may be the first heavyweight broker to go, with Hub, BroadStreet and Howden also contenders.
-
Loss estimates for the disaster from the likes of KCC, Verisk and Moody’s RMS now range between $28bn and $40bn.
-
Insurers are increasingly trying to push attachment points for excess layers up to $10mn.
-
Rates are now falling, but submissions are still rising, according to wholesale brokers.
-
As fires still rage, many fear early $10bn-$20bn estimates were too optimistic.
-
Insurance Insider US dissects the largest and hottest deals of the year across segments.
-
Overall, reinsurers accepted that rate cuts were still leaving them with strong margins.
-
Both the US and UK had busy summers, but the talent momentum in the US did not continue into Q4.
