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Moody’s also expects losses in the billions of dollars. -
Christopher Flatt succeeds Christopher Schaper, who was appointed CRO of AIG in November.
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'Mo’ Tooker will add personal lines to his current position overseeing SME and distribution.
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America’s longest-serving insurance commissioner was one of the first regulators to focus on climate.
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Six wildfires are now burning in SoCal, with the Palisades fire being the largest.
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Six fires now cover more than 27,000 acres across Southern California.
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Hurricane Milton resulted in the largest insured loss of the year at $25bn.
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He succeeds Wayne Peacock, who retires this year after four years of service.
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Andrade is taking up a CEO role at another “prominent financial services firm”, Everest said.
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Flatt will remain on the company’s board of directors.
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The move comes after Burke’s five years as EVP of cyber and technology.
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A quick roundup of today’s need-to-know news, including California wildfires, Lloyd’s CEO and Everest Group.
