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Sources said that Insurance Advisory Partners is advising the fac MGA on the strategic process. -
The rating allows IQUW to access $1bn in group capital.
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The broker has promoted Oriol Gaspa Rebull to global head of analytics strategy.
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The March 13-16 storms would mark the first billion-dollar US SCS event of the year.
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Instead, the reinsurer plans to write more casualty business through its innovations book.
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Industry sources estimate the market to be around $3bn.
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The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.
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Price Forbes operations in Miami, Chile and Peru will report to Mulic.
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The segment’s underwriting results halved to $532mn in 2024 from $1.07bn in the prior year.
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The insurance industry has experienced mounting losses from severe convective storms.
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Based in London, the executive joined BMS nine years ago after a stint as MD at AJ Gallagher.
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The company is seeking to expand in the reinsurance and retrocession markets.
