Allianz
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Browne joins from Allianz Global Corporate & Specialty, where he was head of specialty. -
Jason Howes has also been promoted to chief transformation officer.
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Premium income was down due to lower volume in financial lines and alternative risk transfer.
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The news follows an announcement from the MGA last week that it has taken a Lloyd’s box.
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Ulrich Kadow will become global head of product management and underwriting transformation.
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Environmental activism and terrorist activity are also set to rise.
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The deal includes an LPT of ~$2bn loss reserves for 2016-2023 years with Arch Re.
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The marine hull market is looking to retain rating robustness in 2024.
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Mo joins from Chubb, where she was country manager for Sweden.
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All three carriers also announced increased dividends.
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The carrier has also hired Henry Henderson from Liberty.
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