Liberty Mutual
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In this new role, she will manage cyber product and underwriting strategy across the globe, reporting to Matthew Hogg, global product leader, cyber.
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It is understood that the cuts are based on a review of five-year loss ratios, and that agents above 70% will be impacted.
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The underwriter will work in the retail property team at BHSI serving the central region.
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As part of the US standard casualty team, she will develop and manage a portfolio of assumed casualty treaty reinsurance business.
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The Inside P&C news team runs you through the earnings results for the day.
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Liberty GTS noted a fall in the proportion of R&W notifications where the potential loss exceeds the retention in the last 12 months as compared to the preceding 12 months.
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The cuts amount to roughly 2% of the insurer’s US workforce.
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The executive has 15 years of underwriting experience and most recently led Liberty Mutual’s North America specialty primary casualty business.
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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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Aggregate pricing for GRS North America increased 12.1% with a rate hike of 9.6%, exceeding loss cost trends of 8.4%. Competition retaining quality accounts partially offset these increases.
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The Inside P&C news team runs you through the earnings results for the day.
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She succeeds Noel MacCarthy, who announced his retirement earlier this year.
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