Cyber

The only major product line to see rate increases was casualty.

Alongside Chatterjee, SVP Dharma-Wardana has also exited the team.

Maria Long joined the company as deputy CUO in December.

It is understood that Marsh brokered the tower, which is exposed to claims from a 2024 breach.

The company has hired Axa XL’s Irvine to lead the new platform.

The company is expanding availability of its large enterprise offerings.

The Gallagher Re executive called on the market to “prepare to grow sustainably together”.

K2 Cyber is entering an increasingly crowded cyber market.

While significant, the fires are expected to be an earnings rather than a capital event for the industry, John Huff, CEO of the Association of Bermuda Insurers & Reinsurers, said.

Tactics underwriters employ to manage cyber risk are maturing, as well.

The investment supports Coalition’s goals for its active insurance offerings.

Other digital distribution platforms, including ProWriters and SportsInsurance, are also exploring a sale.