Casualty treaty | Insurance Insider US

The agency cited falling property rates and US casualty challenges.

It is understood that Salcedo will join Aon as P&C treaty head for Colombia and Ecuador.

One avenue for capital freed up by a softer-than-expected renewal could be more M&A.

The market was unphased by January’s record wildfire loss in Los Angeles.

Non-loss impacted major property program rates were down by up to 20% at the renewal period.

The pricing battle has been played out but the extent of new demand will only show up in 2026.

Several lines had price decreases, while growth in most sectors slowed from previous quarters.

Fontana 2.0 will encompass a more flexible investment strategy than the 2022 vehicle.

The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY.

The Bermuda carrier brought a winding-up petition earlier in October.

The company’s stock fell nearly 9% as the market digested news of an ADC, renewal rights deal and reserve charge.

The appointments are aimed at offering a clearer team structure.