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The firm had owned 3.45 million shares in Q2, then valued at over $256mn.
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Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.
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Allianz chief underwriting officer Shanil Williams will take over the executive’s responsibilities.
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Reserve releases for the year-to-date are higher than in prior years despite elevated concerns on casualty trends.
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The report aims to plug the gap in insurance-specific guidance.
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The executive will build out Hamilton Americas property team and a book targeting commercial E&S risks.
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The year-to-date CoR was down 9.5 points to 102.8% compared to 2023.
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The company said Helene claims have surpassed those of Hurricane Ian.
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It is understood that the TPA is working with Waller Helms on the process.
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The partnership is Fidelis Insurance Group’s first third-party capacity deal.
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Liberty GTS saw a 21% YoY decrease in R&W notifications across all its regions in 2023.
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Fema's traditional reinsurance programme will attach at losses of $7bn and above.