-
The carrier’s top line grew to $1.4bn in the first half of 2025.
-
Insurance penetration varies, but hotels have “near-total” coverage and strong limits.
-
The storm devastated Jamaica and Cuba, but insurance penetration on the islands is low.
-
The executive said the firm has grown its casualty business by 80% from 2022.
-
Sources said the executive will report to Julian Pratt in South Florida.
-
T&Cs, as well as exclusions, remain largely unchanged, the executive said.
-
Fears of the oncoming soft market are causing a sector rotation away from P&C.
-
YTD disclosed run-off deals total 26, with $1.36bn of gross liabilities transferred.
-
The global insurer is buying access to distribution and underwriting at a carrier with a 27% GWP CAGR.
-
Widespread underinsurance and low exposures will limit losses.
-
The Bermuda carrier brought a winding-up petition earlier in October.
-
CEO Greg Case said data center demand could generate over $10bn in new premium volume in 2026.
