TransRe
-
The executive will lead the team for global product strategies, financial planning and applied data, reporting to CEO Brandt. -
Adriana Cisneros was AIG’s LatAm property product leader for more than three years in south Florida.
-
The outgoing underwriter has worked at the Bermudian for just over six years, having joined from Hiscox.
-
The transaction will create a reinsurance entity roughly on a par with Scor in terms of net reinsurance premium.
-
Berkshire Hathaway has agreed to buy the TransRe owner in an all-cash deal worth $11.6bn.
-
The deal’s exposures are focused in the troubled personal auto market where loss costs have been running ahead of rates.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The overall combined ratio for (re)insurance operations narrowed by 9.9 points to 89%, driven by lower cat losses.
-
In a letter to shareholders, the CEO said underpriced property risks are mostly in the reinsurance industry.
-
The Alleghany-owned reinsurer’s combined ratio weakened by 14.3 points on higher cat losses.
-
Fair writes business across admitted and excess and surplus (E&S) lines and also backs program administrators.
-
TransRe’s combined ratio was 11.8 points better in Q2, hitting 91.1%.
Most Recent
-
Outlook positive for MGAs despite potential capacity challenges: AM Best
November 21, 2024 -
Las Vegas towing MGA Western Skies weighs strategic options
November 21, 2024 -
Daily Digest: Top news from November 21
November 21, 2024 -
AJ Gallagher confirms acquisition of THB Chile from Amwins
November 21, 2024