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Slide, American Integrity, and Security First were approved.
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Executives at D&O Plus said the pain from deploying those limits is being felt.
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The hires fill roles previously held by Martin Leitch and Dave Logan.
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Increased cat losses in property offset auto improvements.
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Dejung spent 13 years at Scor, most recently as cyber CUO.
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He was most recently cyber product leader at Zurich NA.
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It’s unsurprising, following the Corvus-Travelers transaction.
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The ratings agency said growing competition has led to lower pricing.
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Premiums rose an average of 7% across all lines, down from Q3.
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It will begin underwriting from April 2024.
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Some carriers may be pressing too hard on reserve releases from recent years.
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The carrier has filed to withdraw from nine states total.