-
Insurers did not see a slowdown in rate but some are still fine-tuning their portfolios following the LA fires. -
Q2 cat losses at AIG declined to $170mn from $330mn in the prior year quarter.
-
Hagerty Re will now assume 100% of the premium and 100% of the risk.
-
Weatherbys Hamilton provides private client, bloodstock and farm coverage.
-
The industry veteran has been in personal lines HNW for more than four decades.
-
When it comes to sympathetic juries, high net worth individuals are under the same pressure as corporations.
-
The January wildfires did little to hamper their appetite, apart from California.
-
The transition will be implemented starting October 15.
-
The executive has been with the firm for close to 15 years.
-
Wildfires resulted in heavy losses for insurers focused on HNW, personal lines and reinsurance.
-
The LA wildfires, however, will be the firm’s largest event to date.
-
Imported goods account for 30%-50%+ of materials used for HNW homes, versus 15%-25% in standard houses.
