Chubb
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Inside P&C news team runs you through the earnings results for the day.
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The firm posted a total of $400mn in P&C pre-tax cat losses, up from $291mn, while reserve releases were $200mn, down from $247mn.
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Chubb has appointed Ryan France to an EVP role as technology industry practices leader.
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Inside P&C’s news team runs you through the key highlights of the week.
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The first signs of limit expansion, growing appetite in the admitted market, and retail brokers' impatience with wholesalers are all evident.
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O’Donnell will focus on strategic and tactical operations within global reinsurance alongside his continuing responsibility for Chubb Tempest Re USA.
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Krump retired from Chubb in January of this year, while Masojada retired from Hiscox in 2021.
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The company’s existing share repurchase authorization will remain effective through June 30.
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Everest Re’s $1.5bn capital raise could be part of a continued pivot, or an early indicator of a shifting marketplace.
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The executive will be responsible for the growth and profitability of the carrier’s casualty lines in 51 countries and territories outside North America.
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The executive will have responsibility for lines including property, casualty, professional lines, energy and marine.