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The operation will be led by Stephen Saunders, with Jawad Ghunaim from AIG as CUO. -
It is understood that the shutdown will impact about 25 employees.
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Gangu will likely take a gardening leave after vacating his post to consider future steps.
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SiriusPoint becomes sole carrier partner for Euclid’s liability program.
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It is understood that the goal is to use a capital injection to form a reciprocal.
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The transaction with Enstar covers $234mn of net Accredited reserves.
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Launched in 2021, Axis is both an investor and capacity provider.
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The lineslip will focus on coverage for the energy transition space.
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The executive gave his view on the (re)insurance landscape and the impact of PE on the sector.
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AmCoastal also cut its board down to five members, including two new appointments.
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Industry veteran Peter McKeegan will lead the firm.
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Ryan Specialty CEO Pat Ryan opened the event, which was held last week in New York.
