K2 CAT renews US Cat facilities for 2021

PublishedNov 12, 2020

We are delighted to announce that David Carson’s team has renewed all three of their US Cat facilities for 2021 with their existing carriers, namely: Peak Re, Taiping Re and Cathay Century Insurance. Much appreciated support!

This will be the 8th year of underwriting on behalf of K2 CAT’s principal backer, Peak Re; the largest of the facilities which also includes Canada and the Caribbean. The team is extremely grateful for Peak Re’s substantial, ongoing partnership and is looking forward to deploying capacity at the forthcoming renewals in what is a tough and hardening market.

David Carson, Head Underwriter of K2 CAT commented, “This is a tremendous vote of confidence in the team by our carriers and we intend to repay their faith in us. It is a challenging market, in difficult times, but the consistent message and robust financials of our carriers resonates well with both our core client base and broker network, and initial signs from the 1st January renewals are encouraging.”