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In casualty, getting significant blocks of capacity remains a major challenge. -
The program is designed to address a changing risk environment.
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The reinsurer said the market was unprofitable and pricing needed to increase immediately.
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The executive will begin serving as Hiscox USA’s CUO as of May 5.
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The insurer's professional liability reinsurance book shrank by around 25%.
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The role will unify the P&C and professional and executive risk practices.
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The company has hired Axa XL’s Irvine to lead the new platform.
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The MGA will likely expand its D&O book as well, but excess casualty will grow faster.
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PartnerRe's $5mn commitment will enable the MGA to expand its D&O line size.
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A new report warns that underwriters must consider political uncertainty and macroeconomic trends.
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The executive will continue as head of BHSI’s E&P lines business.
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Inflation, tariffs and climate change are all making for an uncertain 2025.
