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The GWP gain was driven by an 11.2% increase in the insurance top line and 11.8% in reinsurance.
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Axa XL’s product recall team was depleted after two senior underwriters resigned in January.
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The Bermudian has been reducing exposure in Florida for almost a decade.
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This publication revealed that the firm is working with Jefferies on the sale of its A&H MGA Armada.
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The pair join from Validus Re and Axa XL.
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The launch comes four months after Wakam Syndicate 1347 was placed into run-off.
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Love joins from Scor, where she was assistant vice president, insurance operations.
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The ratings agency flagged the “increasingly favourable” underwriting results.
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The legacy deal comes one year after a $1.3bn LPT with Compre covering several lines.
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The property CoR improved by 13.7 points, while casualty and specialty’s deteriorated by 6.7 points.
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There was no material development on long-tail casualty lines across all years, he said.
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The IG said that around 800 tankers have left group clubs because of the cap.
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Verdicts awarding more than $100mn hit a new high of 27 last year, study finds.
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The company plans to grow exposure for June 1 and July 1 renewals.
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Approximately 1.2 million units are vacant throughout the state.
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The group said proposals could do “irreparable reputational damage” to innocent parties.
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Staff movement has been elevated in the energy market since the beginning of the year.
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Nicola Schroder was head of environment and transition.
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Moore has been named head of technical and operational in the delegated risk team.
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Breese has been promoted to underwriting director to lead the team.
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The reinsurance segment's loss ratio reflected 3 points for the event.
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The firm booked $85mn of pre-tax cat losses, primarily driven by the Baltimore Bridge collapse.
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Prices for programs that renewed in both Q1 2023 and Q1 2024 decreased 15%.
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The executive will also serve as a member of Scor’s executive committee.
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