E&O

Current rates at 2% to 2.5% translate to an 86% incurred loss ratio.

Pearce brings 25 years of experience with a background in the A&E sector.

Rooker joined the Texas brokerage in 1999, while Schramm joins from CNA.

The new suite of coverages is designed to meet the unique needs of healthcare organizations.

Michael Smith is a former mortgage broker.

The executive has been with Zurich since 2018.

Pauline Morley will report to John Van Decker, head of global financial lines.

The MGA will be offering $10mn limits for $300mn-$10bn companies.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Chubb’s balanced view of the market as a whole, and pricing and loss cost trends in particular, puts it ahead of the curve on value creation, despite a difficult economic backdrop.

The program will offer limits of up to $2mn to a wide range of professionals in the industry from agents, brokers and property managers to consultants.

The hires include Melissa Sowa from AXIS, John Birkhofer from Hallmark and Michelle Anderson from Argo.