Data

Specialty was the busiest segment but still recorded a YoY drop of seven points.

Finance and insurance hiring is 27% below 2022’s peak, compared with 37% nationwide.

But June was the busiest month of the year on the back of recent broker churn.

Kathleen Reardon, CEO of Hiscox Re & ILS, also talked about the impact of the California wildfires and why it’s important for cedants to work with a reinsurer with strong underwriting and modelling skills when disaster strikes.

Milton made landfall south of Tampa Bay at Category 3 on Wednesday night.