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Texas’ TWIA hikes Hurricane Beryl cost estimate; has paid $259m to date
Insurance
The Texas residual insurer now believes it will completely burn through CRTF reserves.   15 October 2024
D&O softening deepens; insurers attack via lower retentions: CRC
Insurance
A rise in corporate bankruptcies is triggering the lone case of insurer hesitance.   15 October 2024
TWIA shot down on 10% rate hike request following Hurricane Beryl
Insurance
TWIA last estimated rate inadequacy at 38% for residential policies and 45% for commercial policies.   15 October 2024
Reinsurance
New US CEO and vice chair to help drive Aon’s US reinsurance solutions strategy.   15 October 2024
Reinsurance
Primary insurers urged to be cautious with capital, especially if retaining more risk.   15 October 2024
Reinsurance
Handing of reins to well-rounded insider suggests no overhaul of strategy is likely.   15 October 2024
Insurance
Three new casualty experts to join its renewable energy unit.   15 October 2024
Insurance
The executive previously held senior roles at AXA, WTW and Aon.   15 October 2024
Reinsurance
The fund has locked in €100m investment, aiming for a total size of €500–€700m.   15 October 2024
Insurance
The broker says the senior hire from Honan is ‘key’ to expanding its footprint.   15 October 2024

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