-
The CEO also said that the “bloom is off the rose” in the E&S property market.
-
The protection covers the US insurance book for the 2024 and prior accident years.
-
Property, cyber and workers’ comp rates were all down mid-single digits, offsetting casualty hardening.
-
An average of 81% of property accounts renewed flat or down.
-
As the Great Japanese M&A Contest develops, the executive said inorganic expansion is “a top priority”.
-
The decision impacts 5% of the reinsurer’s North America P&C facultative premiums.
-
Brian Church has spent 20 years at Chubb.
-
Fronting doesn’t look any better when it’s broken down by segment.
-
The mood in Orlando was sunny among cedants and reinsurers alike, but there are clouds on the horizon.
-
E&S is most exposed to growth normalization, private credit is hunting P&C and fronting is deadlocked on exits.
-
Insurers are pleased, brokers are looking for trade-offs, and everyone’s talking about Howden.
-
The unit’s co-heads, Braithwaite and Apostolides, left the firm in the summer.