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The industry veteran has also held roles at Marsh, Willis and CNA. -
Lloyd’s traditionally avoided US middle market property, but head of P&C Matt Keeping says times have changed.
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The executive had served as chief investment officer since 2000.
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Tornadoes have killed at least 32 people in three states.
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A quick roundup of today’s need-to-know news, including Brown & Brown, Risk Strategies, Mercury General and more.
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The targeted uplift comes after Mercury ceded nearly $1.3bn of wildfire losses to reinsurers in Q1.
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Sources said that negotiations are proceeding well with a path to do a cash deal.
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Third-party litigation financing remains the thorn in the sides of casualty insurers.
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A quick roundup of today’s need-to-know news, including Fortegra and D&O rates.
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The reinsurer’s CFO cited a 1.5% net price reduction year to date.
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Competition and ample capacity are pushing premiums lower.
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A quick roundup of our best journalism for the week.
