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The change comes after the firm hit $1bn of in-force written premium. -
He was most recently head of excess casualty, east zone, at Axa XL.
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Sources expect loss amplification in claims from Georgia, the Carolinas and Tennessee.
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The numbers will be refined further to arrive at an industry loss estimate.
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A quick roundup of today’s need-to-know news, including Marsh and McGriff, Hurricane Helene and Aon.
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Praedicat CEO Bob Reville outlined the firm’s approach to "casualty cat" as liability risk modeling continues to mature.
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This will not impact Markel International, which will continue to operate out of the UK.
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Elixir has an initial focus on cyber but will look to expand into other lines, including E&O and D&O.
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The transaction will be one of the largest involving two strategics in broking history.
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Third-party litigation funding has been linked to rising casualty insurance prices.
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Moody’s described Hurricane Helene as “like Idalia but worse”.
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A quick roundup of today’s need-to-know news, including the fallout from Helene and Southern Trust's ratings.
