Allied World

The former global CEO for legal and strategy steps up.

Paul Driver will be responsible for delivering the unit’s European strategy at Syndicate 2232.

Pene Reuben re-enters the market after leaving Allied World in April.

Bobby Bowden is also promoted to EVP for the global insurance segment.

The team includes Allied World’s Bermudian branch manager for excess general casualty Patrick Kenahan.

Patrick Kenahan and at least three members of his team are thought to have left the company.

The long-time chief is replaced by Allied World president Lou Iglesias.

The Insurance Insider ran an analysis into syndicate administrative costs after Lloyd’s found no correlation between the size of a syndicate and its admin expense ratio.

Panellists at the Biba conference condemn sexist behaviour.

Latest hire joins as vice president of underwriting

Allied World has seen its issuer credit rating reduced owing to lower profitability in its casualty business.

Fairfax sinks to fourth quarter loss on mark-to-market investment losses.