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The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory. -
The partnership will launch a new umbrella excess insurance product.
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The Californian insurer is buying the medmal carrier for $25.00 per share, or a ~60% premium.
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Its full-year combined ratio for 2024 ballooned to 334.6%, from 124.7% in 2023.
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Earlier today, Aon confirmed president Eric Andersen had stepped down from his role.
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BHSI is dividing its retail general property unit into four regions.
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The executive will remain with the firm as a senior adviser to the CEO until mid-2026.
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Newly released annual stat filings on reserve data show some troubling trends.
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Last month’s inflation figures were lower than expected, but tariffs continue to loom.
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Markel had announced the exit from the line of business in the US last year.
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She replaces Matt Westhoff, who left in October to lead QBE NA.
