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Sources said that Nacional would only consider a bid north of $150mn. -
Grandisson's sudden retirement could mean a complicated future for Arch.
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Current rates at 2% to 2.5% translate to an 86% incurred loss ratio.
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Milton and Helene will join reserve trends, cat losses and organic growth as Q3’s key topics.
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Deal flow is still far below levels seen in 2021.
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The political violence market has seen a flurry of new entrants in recent months.
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The executive joins Applied from Canopius.
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The carrier has appointed AIG’s Sharon Primerano as vice president and US inland marine manager.
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Business email compromise was up 9%, comprising nearly one-third of claims.
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It also reported that severity increased by 17% in the same period.
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The storm is projected to make landfall in the next 24 hours in the highly populated Tampa Bay region.
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At the conference, industry pros identified issues in modeling systemic risks due to a lack of historical data.
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