Reinsurance
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Contrary to expectations that US casualty would dominate the conversations, Milton took the spotlight. -
The panelists discussed the ILS reset and the path to maintaining discipline in this sector.
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Interest in these vehicles has increased recently, but market softening could throw a curve ball at growth.
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Daniel Boisvert will join the company’s Connecticut office.
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US liability was a hot topic at the European conference.
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Legal trends, the primary pricing micro-cycle and other factors all play into an opaque outlook.
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Future deal flow in the US could come from more adequately reserved liability lines.
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The take-private is expected to close by mid-2025.
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Civil case, nuclear verdict and claims count data show worrying trends.
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The deal covered US and European P&C liabilities for Accelerant's 2020-2021 underwriting years.
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The legacy firm said the deal would strengthen its Bermuda operations.
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The ratings agency said Sixth Street provides flexibility through long-dated capital.
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