The group drew over $1bn in claims from its US-based reinsurers in 2021, double from 2019.
Ex-McLarens exec to spearhead its claims division to expand third party administration capabilities.
Fitch warns weaker insurers and those with weak risk management of negative rating actions.
The legacy market is growing as the inflation puts pressure on reserves.
Odds of reaching the predicted ‘above average’ season ‘seem quite unlikely at this time’.
AGCS reshuffles NA distribution team in favour of large corporate business expansion.
New managing director brings 25 years’ experience, including at Twelve Capital & Credit Suisse.
Inflation-denial and Covid backlogs may spell ‘delayed and amplified’ hit to reserves.
Howden seeks to cement its position as one of the ‘leading brokers’ in Europe.
New appointees to help expand its reinsurance business across Continental Europe.