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The fund is expected to make payments of just over $75mn due to the Category 5 event.
Farah Nelson will report to recently appointed group CFO Charlie Rozes.
Michael Fish will become head of group benefits after Jonathan Bennett’s retirement.
The Lloyd’s broker specialises in US E&S business.
Behind the Headlines

Behind the Headlines: Liberty’s Luis Prato on the art of risk selection; and Catrin Shi on a $100bn Lloyd's

Listen in as Luis Prato, president of the UK and MENA for Liberty Specialty Markets, discusses the role of London within Liberty’s global business, the future strategy of the carrier, and the art of risk selection as a driver for performance.

Behind the Headlines is a fortnightly podcast hosted by Insurance Insider's senior reporter Sam Casey.

Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.

Every other Friday morning, Behind the Headlines will break down the biggest stories of the last two weeks. Sam will discuss these stories with the journalists who broke them: Catrin Shi, Fiona Robertson, Rachel Dalton and the rest of Insurance Insider's award-winning editorial team.

Plus, he will interview the big names from the London market, getting their perspectives on the state of the industry and the latest headlines.

With Hiscox’s founders no longer at the helm, deal-making may be more achievable.
Two-thirds of insurance firms have been challenged about their resilience plans by the regulator.
John Neal’s expansion plan now has a five-year horizon, but deft execution will be needed.
Analysis of directors’ ages shows a shortage when it comes to the next generation of leaders.
More News
The executive said that more sophisticated use of data could optimise a portfolio.
The Oxbow report found that AI use cases span the entire (re)insurance capability model.
InsurX has grown its capacity beyond £100mn after adding D&F to its existing contingency business.
The broker said another strong year would drive pressure for “reasonably significant rate reductions” next year.

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Upcoming industry events

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Monte Carlo Rendez-Vous de Septembre 2024

Venue: Fairmont, Monte Carlo

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WSIA Annual Marketplace 2024

Venue: Manchester Grand Hyatt San Diego Marriott Marquis


DiveIn Festival 2024

A Sustainable Future: The Next 10 Years

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Target Markets Annual Summit 2024

Venue: Westin Kierland Resort, Scottsdale, AZ

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Baden-Baden Reinsurance Meeting 2024

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Event details TBD

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APCIA Annual Meeting 2024

Venue: Sheraton Grand Chicago Riverwalk, Chicago, Illinois

From our other titles

From our other titles

From Insurance Insider US

H1 stock prices, short interest shifts cast doubt on cycle longevity

MGAs outpaced the P&C industry for years, but growth has begun to stagnate.
From Insurance Insider ILS

Cat bond market on course for record year as H1 issuance hits $12.3bn

Cat bond spreads stabilised as maturities brought capital to deploy into the market, after an earlier spike.
From Insurance Insider US

Divergence in workers’ comp, medmal claim counts signals caution is warranted

Reserve releases in workers' comp may have been premature despite industry confidence.
From Insurance Insider ILS

ILS capital ‘drawing back’ a little in mid-year renewals: Gallagher Re

The broker estimated ILS capacity reached a record $107bn as cat bond interest surged.