Accident and health
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Plus the latest people moves and all the top news of the week. -
More players are looking to the class in a bid for top-line growth.
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The market is also facing potential losses from injuries to NFL stars.
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The carrier announced a major writedown in its L&H book last year.
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The US sports disability market has been dubbed the “problem child” due to its volatility.
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Probitas is set to grow by around 40% this year.
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The new European A&H business will be led by Samia Baliad, who joins the company from Axa.
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The brokers will focus on cross-border, high hazard risks.
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The A&H market had improved performance between 2020 and 2023.
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Another potential individual disability insurance loss of $40mn relates to a physician.
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Robert Rechtern has spent the last two years at Lockton as head of A&H, sport & contingency.
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