Arch Capital
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Sources said MarshBerry was retained earlier this year to run the sale. -
Specialty reinsurance has experienced high competition for talent.
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The days of 30%+ growth are probably behind the firm, he said.
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Overall, the company’s underwriting income fell 43% to $417mn in the first quarter.
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James Barrett has been interim head of cyber since October 2024.
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Chapman exited from Scor following a 13-year tenure with the carrier.
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Fast Track is led by QBE and backed by Canopius, Arch and Beazley.
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Deteriorating CoRs, GWP growth and fears over wildfire impacts were common themes.
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The company, meanwhile, is bullish on E&S US casualty.
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The firm pegged industry losses at $35bn-$45bn.
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Michael O’Neill has been promoted to onshore power and renewables underwriting manager.
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Former Chaucer natural resources head James Brown joins as an advisor.
Most Recent
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Mereo hires Hiscox Re’s Muldoon
20 May 2025 -
MS Re books 88.7% 2024 CoR, GWP up 17.6%
20 May 2025