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The company completed the acquisition yesterday. -
The unit grew Q1 NWP by 23% overall, led by a 27% growth in casualty.
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The Canadian conglomerate’s total cat losses in Q1 reached $781mn, including $692.1mn from the fires.
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He takes over from Amanda Lyons, who was promoted to global product leader last year.
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We assess the Bermudian’s standing amid waning investor sentiment and economic uncertainty.
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The MGA also appointed CNA’s Matthew Schardt as head of casualty.
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As the industry gathers in Chicago, Insurance Insider US reviews key discussion points.
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The reduction was due to impacts from investments and less favourable PYD.
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The state insurer of last resort is set to purchase $2.89bn of reinsurance this year.
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AJG still has $2bn of M&A capacity after the AP and Woodruff Sawyer deals.
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The standard market has not ‘meaningfully’ impacted the rate of flow in the aggregate.
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Planning for the carrier was halted in January due to the CEO’s health issues.
