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In the second instalment of our 2024 year in review series, we explore natural catastrophe losses with Scott Vincent, the growing role of parametric insurance in addressing coverage gaps with Henry Gale, and the insurance industry’s efforts to facilitate the transition to a net-zero economy with Rebecca Delaney.
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The inevitable soft market will make it more challenging for E&S carriers to maintain profitability, but the trend toward increasing specialisation, customisation and risk segmentation means that the level of premiums in the segment is likely to drop off by less than in past cycles, according to Conning.
E&S Insurer
CRC Group adds Moody's Schmitt, Berkley's McPhillips, Velocity's Cadden, and Amwins' Rios as brokers
Wholesaler CRC Group has hired Michael Schmitt, Sean McPhillips, Bailey Cadden, and Blake Rios as brokers across its US offices.
The inevitable soft market will make it more challenging for E&S carriers to maintain profitability, but the trend toward increasing specialisation, customisation and risk segmentation means that the level of premiums in the segment is likely to drop off by less than in past cycles, according to Conning.