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BHSI is dividing its retail general property unit into four regions.
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Markel Insurance is made up of the firm’s three primary underwriting businesses.
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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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The insurance industry has experienced mounting losses from severe convective storms.
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Last month’s inflation figures were lower than expected, but tariffs continue to loom.
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Based in London, the executive joined BMS nine years ago after a stint as MD at AJ Gallagher.
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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.
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The agency collects gold standard data and conducts research. Without that, there’s more uncertainty.
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Commissioner Lara also proposed a $500mn cash infusion from parent State Farm.
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A quick roundup of our best journalism for the week.