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The executive has been with the firm for 20 years. -
California wildfires had ‘little or no impact’ on property cat pricing at April 1, Dean Klisura said.
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Guy Carpenter president Dean Klisura added that Q1 was a record cat bond issuance quarter.
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The growth figure represents a 5-point deceleration on the 9% reported in Q4 2024.
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NY-based PE firm BBH Capital has exited its minority investment following the recap.
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After seven years of premium rate growth, rates are down 5% to 40% across the US.
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The UK broker is still in talks with Mubadala about a standalone investment in the business.
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The role will unify the P&C and professional and executive risk practices.
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Rouse was promoted to co-global placement leader last October.
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Sources said the Ethos-led group will take roughly a 40% stake.
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Economic unease will join cat losses, renewals, and organic growth as Q1’s key topics.
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Technical pricing is insufficient in some areas and inflation is biting into margins.
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