ILS
-
The company has created a new management committee as it refocuses on disciplined underwriting.
-
Despite shrinkage of the overall pool, new capital providers have entered the market in recent months, the ratings agency said.
-
California lawmakers passed a bill in July to create the $21bn utility liabilities fund.
-
Reserve strengthening for prior-year catastrophes lifts the overall loss ratio, while specialty line earnings improve.
-
The latest quarter was the second-lowest Q2 for issuance volume in the past eight years.
-
The company is also placing its Markel Catco reinsurance fund into run-off.
-
After an almost two-year absence, Brad Livingston is rejoining the broker to focus on ILS business.
-
The company has reached a settlement with Alissa Fredricks and agreed to binding arbitration with Tony Belisle.
-
The NFIP will bear the brunt of losses from Hurricane Barry, according to industry analysts.
-
The mid-year renewal included $135mn from a Bermuda-listed placement, which shrank from $278mn after the insurer revised the covered portfolio.
-
The Californian utility has agreed the settlement with 18 public entities following a series of wildfires from 2015 to 2018.
-
The insurer said half of the losses came from one weather event in the Midwest.
Related
-
SageSure places inaugural $50mn Seawall Re retro sidecar
July 29, 2025 -
PCS cuts its Hurricane Milton loss estimate to $17.1bn
June 05, 2025 -
The Fidelis Partnership takes Arch’s Wells as COO
April 10, 2025