-
Jana holds around 109,000 shares and 69,000 call options, at a $307mn total value. -
Bolding will focus on aligning Gallagher Securities with Gallagher Re.
-
The carrier’s Eaton Fire loss would be a retained net loss hit.
-
Somers Re is valued at ~$1.3bn, according to disclosures made in Arch’s Q3 2024 SEC filings.
-
Theo Norris joins from Gallagher Re, which brokered one of the first 144A cyber cat bonds.
-
The company’s stock price has plummeted in the wake of the LA wildfires.
-
The state insurer is budgeting for an extra 43% of overall coverage in 2025-26.
-
The 2025 target would be ~25% larger than the $3.56bn it placed for 2024.
-
Fema's traditional reinsurance programme will attach at losses of $7bn and above.
-
CEO Adrian Cox said Beazley’s recent $290mn ILW purchase was not driven by “capital flexibility in and of itself”.
-
The reinsurer is planning to drop its cession rate from 40% to 30%-35%.
-
The firm has helped underwriting businesses secure $3.5bn in capital.
