-
Tropical Storm Risk (TSR) has updated its forecast for North Atlantic hurricane activity, predicting a "hyper-active season" in 2024, with activity being around 70% above the 1991-2020 climate norm.
-
The new CEO needs to fix the underwriting, but should also ask the bigger questions.
-
The announcement confirms earlier reports from this publication.
-
Joe Morrello joined the firm in 2022 after serving as E&S property head at Beazley.
-
The market is shifting towards capital relief, with fewer, larger deals.
-
Oversupply of capacity will outweigh casualty and per-risk concerns.
-
Last summer’s hail loss has crept significantly for many Italian cedants.
-
Competition among insurers is rising as new carriers enter the market.
-
He joins from Odyssey Re, where he was treaty underwriting VP.
-
The underwriter will report to Kristina Maffit.
-
The company is still working to get debt holder approval for the Accredited deal.
-
Mitha joined Compre in 2022 as chief actuary, North America.