Undercurrents: Still “gas in the tank” for fronting carriers to increase MGA participationIn the latest article in The Insurer’s Undercurrents series, author William Pitt delves into the rapid expansion of the MGA sector, saying there’s still “gas in the tank” for fronting carriers to allocate more capacity to the sector.
The P&C underwriting environment in North America overall is quite favourable, financial lines aside, with pricing exceeding loss costs, which remained steadyChubb CEO Evan Greenberg following the carrier’s Q1 results
Mapfre Re’s CEO ready to develop portfolio but warns structural changes needed at 1.1 TVMapfre Re will seek to develop its existing reinsurance portfolio and client base to capitalise on rising demand after securing an additional €250mn ($262mn) of funding, according to CEO Eduardo Pérez de Lema.