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Sources said the executive will join AJ Gallagher in a regional leadership position. -
Frequency and severity of claims is starting to rise, and comes after sharp softening of rates.
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The insurance industry countered that the committee ignored a “toxic mix” of risks driving up costs.
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A look back at the year in P&C (re)insurance, with the aid of some of our visual journalism.
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CEO Trevor Carvey said the revision reflected Conduit’s “favourable reception”.
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IAP served as financial adviser to Atri in the transaction.
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The executive had joined the firm from Chubb in May.
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The suit seeks compensatory and punitive damages from 180 defendants.
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The Federal Insurance Office has data collected from over 300 insurers.
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The pair will lead crisis management and financial lines, respectively.
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Fronting growth fell by half in 2024 due to uncertain loss climate and high cost of capital.
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Most US states have been silent on the regulation of parametric insurance.
