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The expanded team aims to increase capability across global specialty lines and property specialty retrocession. -
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The executive succeeds Tim Ryan, who was recently appointed as the firm’s US president.
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This publication reported Melvin’s hire on Wednesday.
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Mullarkey joins from Allianz Global Corporate & Specialty.
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Former CEO Pete Chandler had stepped down and assumed a vice chair role in January.
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A strategy is in place for the carrier to expand its presence on the Island.
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Levitz will become executive chairman starting in 2025.
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The move is the latest phase of the operational transformation program, AIG Next.
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The PVT market has seen a recent spike in staff movements, as new capacity enters the space.
