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Arch announced the retirement of CEO Marc Grandisson on Monday, with immediate effect. -
The executives had served as co-presidents of the organization since 2021.
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RMS will issue its final loss estimates for Milton later this week.
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The executive has been group CUO since 2021.
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Roman Romeo was named CEO of Reinsurance Solutions in Bermuda in April this year.
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He replaces Kevin Madden who will assume the role of chairman for North American real estate.
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The Insurance Insider US news team runs you through this week’s key M&A deals.
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A quick roundup of today’s need-to-know news, including Hurricane Milton updates and Citizens' depopulation.
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An estimated $6bn to $9bn will be ceded to the FHCF, and $6bn to $10bn to traditional reinsurance markets.
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Milton made landfall near Siesta Key yesterday, leaving 2.7 million homes without power.
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A full roundup of our coverage, from tropical depression to landfalling storm.
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On Wednesday, the model had suggested a mean figure at $25.3bn.
