Energy
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The promoted employees have all been with BHSI’s Singapore offices for years. -
Severe convective storms, wildfires and hurricanes increasingly moving inland are top concerns for the industry.
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The downstream market is also starting to soften after a “massive influx” of premium income.
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The broker said achieving profitability “remains challenging” for insurers.
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The all-items CPI increased 3% year-over-year, down from 3.3% in May.
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The lineslip will focus on coverage for the energy transition space.
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Mizell will be based in IMA’s Houston office, its fastest-growing regional division.
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The CEO said companies are still taking charges on years 2013 to 2019.
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WTW predicted that ‘meaningful softening’ could creep into energy markets during the year.
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Increased reinsurance retentions left some insurers with their worst net results in a decade.
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Graham Knight will become chairman of natural resources.
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The companies originally established the capacity agreement in January 2023.
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