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Chairman Neil Eckert and CEO Trevor Carvey said the outlook for the market remains "very good". -
Reinsurer appetite for aggregates begins to creep back in.
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Overall, reinsurers accepted that rate cuts were still leaving them with strong margins.
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The scheme has been pushed back by three months to 31 March 2025.
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WTW sold Willis Re to Gallagher in 2021 for $3.5bn.
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The 2024 hurricane season stayed within predictions for high activity but lacked market-moving events.
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The loss figure has increased 200% from the initial number provided in October.
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It is targeting $25mn GWP this year and $50mn GWP in 2025.
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Helene losses were spread wider than initially suggested, in contrast to Milton claims.
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Nat cat pricing is expected to be more or less flat, with rises on loss-affected programmes.
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The group reported a combined ratio of 91.2 for the period.
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Swiss Re reported some $743mn in catastrophe losses for Q3 alone.
