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The specialty reinsurer also saw several bad investments hit the books. -
The carrier’s US redomicile is expected for later this year and brings a one-time $10mn-$13mn benefit.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The group has hit multiple industries since March, including a raft of insurance companies.
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The risk of cyber incidents that cause physical damage is also rising.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The company has also expanded its relationships with US and UK MGAs.
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Verita leadership and staff will remain intact and “seamlessly functional”.
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The company has also appointed David Tran as head of programs, Canada.
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The S&P 500 outperforms as P&C tumbles on mixed earnings.
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An industry veteran of 34 years, the executive is known for placing US healthcare business in London.
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The Risk Strategies parent company had also been the subject of bids from Marsh and Howden.
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