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Property remains the dominant line, accounting for nearly 30% of total London premiums.
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Reinsurer executives stressed that the industry worked hard on setting the right structure.
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The affirmations reflect Everest’s strong underwriting diversification.
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Models anticipate a busier second half, particularly in the next few weeks.
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The platform aims to “bend the loss curve”.
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The sector recorded total premiums written in London of £11.9bn in 2024
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The carrier notified California regulators that it would stop renewing plans starting last month.
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Supply for property outstrips demand, but the casualty market is “bifurcated”.
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Mark ‘Ollie’ Hollingworth has held his current role at Atrium since 2017.
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Syndicate 1440 was approved to assume business incepting January 2026.
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Despite rate reductions accelerating, the sector-wide combined ratio is set to remain below 90% through 2027.
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The executive most recently served as head of North American treaty reinsurance.