Liberty Mutual Re and Celest.Science plan parametric fallback method
AM Best described the work as cyclone risk methodology, listing hurricanes, windstorms and earthquakes.
10 stories this week 120 in all, from the Insurance desk.
AM Best described the work as cyclone risk methodology, listing hurricanes, windstorms and earthquakes.
Evan Greenberg said sidecars, broker facilities and investor-backed MGAs are adding capacity as property price pressure spreads to casualty lines.
ACE through October 14 ran at 18 against a 123 full-season average, according to the Lloyd's Market Association's Matthew Bellamy.
He succeeds Jonathan Stephenson at Brit Re, subject to approvals, with the move expected near year-end.