Reinsurers
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The Insurance Insider US news team runs you through the earnings results for the day. -
The carrier forecasts stable profits, but tariffs are creating “high uncertainty”.
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The legacy carrier reported an operating loss of $45.3mn for the year.
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The CUO’s turnover closely follows that of the CEO.
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The firm acted as the front for Trouvaille Re, the E&S property sidecar for MGA AmRisc.
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The BRIC program helped fund local resiliency programs, which can reduce loss costs.
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Alex Amezquita will fill Cahill’s previous position as CFO.
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The business will still look at large non-life deals in particular in-the-money ADCs.
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It is understood that Marsh brokered the tower, which is exposed to claims from a 2024 breach.
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Storms in the UK and Ireland drove losses in the commercial segment.
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Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
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P&C has strengths that will help it survive this crisis, but not without some pain.
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