Treaty Reinsurance
-
The Californian carrier is to revise programme after handing $216mn wildfire loss to reinsurers.
-
Fundraising efforts will continue over the next three months with another close expected to take capital beyond the $2bn mark. -
The results benefit from higher alternative investment income, which offset a weaker underwriting performance.
-
The activist investor noted that more than 45 percent of Scor shareholders oppose Denis Kessler’s compensation.
-
Discussions started early, but the complex negotiating environment means firm order terms could be delayed.
-
Executives for the carrier said it is too early to say what the impact will be, but that it will likely be positive for the market.
-
The new broker has at least $250mn in funding commitments from blue-chip investors and is readying for an imminent public launch.
-
The organic increase tops the broker's publicly traded peers.
-
The broking giant reports primary insurance pricing growth of 3 percent and a changing risk appetite among underwriters.
-
The reduced appetite in standard lines has led to a market firming in E&S lines, the executive said.
-
WR Berkley president and CEO William Berkley said the market is starting to grapple with past mistakes.
-
ILS financing partially offsets the shortfall.
Related
-
Conduit names Pritchard interim CUO after Roberts departure
April 22, 2025 -
Fema's NFIP receives 54,000 Helene claims, pays $480mn
October 28, 2024 -
BMS Re vice chair Chandler retires
October 23, 2024 -
New Arch CEO Papadopoulo to receive $1.3mn annual salary
October 15, 2024