Treaty Reinsurance
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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
The executive will co-lead Lockton’s LatAm treaty business alongside Pat Anderson.
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The deadline for Lighthouse Excalibur policy cancellations has been extended to 30 June.
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The US P&C carrier is putting more premium through its captive.
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CEO Kathleen Reardon said recent legislative changes are a ‘band aid’ but will help to calm the stressed Florida market.
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The firm announced that it is exiting the property reinsurance business.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The state-backed carrier hopes to fill out more of the gaps in the coming days.
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The ratings agency says a quarter of the Floridians it rates have still not secured multi-event cover, although first-event towers have come together.
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DE Shaw has been offering a form of “capacity wrap” to insurers in which its limit could be used to plug gaps throughout programs, sources said.
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The Floridian said it had not needed to use the new Reinsurance to Assist Policyholders scheme that was created via new legislation.
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he broker’s analysis found rate increases and lower cat experience contributed to strong underwriting results.
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