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Ernesto’s maximum sustained winds have reached 100 mph.
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Ascot will evaluate other options for its ~$140mn-premium transactional liability unit.
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A quick roundup of this week’s best journalism.
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Cardona will report to both UIB Latin America CEO Carlos Gutierrez and Miami CEO Francisco Torres.
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The executive will end her career at Aon Bermuda effective October 1.
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Independent litigation threatened a $4bn settlement with wildfire victims.
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A quick roundup of today’s need-to-know news, including Fidelis IP writing and Hawaii wildfire litigation.
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The carrier also reported more difficulty than anticipated in realizing the value of collateral following the defaults.
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Lawsuit claims GM unlawfully sold data to insurers collected from 1.5m drivers.
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Total catastrophe losses stemmed from 20 events and were estimated at $587mn.
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The executive joined Chubb in 2013 as assistant VP and regional manager.