Re/insurers
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The carrier forecasts stable profits, but tariffs are creating “high uncertainty”. -
ISA is part of Ryan Specialty National Programs, which launched last month.
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Economic unease will join cat losses, renewals, and organic growth as Q1’s key topics.
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Business hates uncertainty and geopolitical tensions are off the charts.
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The investment recovery will be welcome but Chinese tariffs will contribute to loss-cost inflation.
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Trade credit and marine are among the lines facing direct impacts amid a broader inflationary challenge.
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The tariffs could expose insurers to the risk of recession and shrinking income.
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There is a long waiting list of carriers looking to pull the IPO trigger, but market conditions remain tough.
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It makes sense for Next to secure a sale as an exit strategy in an increasingly challenging funding environment.
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The executive was Everest CEO from 1994 to 2013 and has served as board chair since 1994.
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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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