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The company is seeking to expand in the reinsurance and retrocession markets. -
The carrier was seeking to expand its March 1-renewing program.
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He also joined Everest’s board last week as an independent director.
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Aviation reserve strengthening added 10.1 points to the combined ratio.
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This year’s coverage will involve $2.94bn of new risk transfer.
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Dickerson has spent over three years at the reinsurance broker.
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These events can also no longer be considered secondary perils, executives said.
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GAAP reserve triangles reveal the struggles of some hybrid franchises.
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Some $4.8bn of reinsurance and cat bond limit will come up for renewal in 2025.
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Competition for specialty reinsurance talent remains high.
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The ratings agency noted “significant” underwriting improvement in 2023-24.
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The London D&F market will shoulder most of the losses.
