Arch Capital
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The insurer had purchased 60 percent share of the business in 2015.
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Tech underwriting expert is latest to join Bains’ super-MGA.
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The carrier will now be able underwrite P&C, motor and other business line across Europe.
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The insurance holding company’s shares are cleared to make their debut on the exchange on Wednesday. -
Arch Capital Group’ chairman Dinos Iordanou will leave the firm in September.
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Deals are still a major driver for growth, insurance and broker executives told delegates at the Insider US event.
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Iordanou will be succeeded in the role by Arch’s vice chairman.
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The venture will target the UK mid- to high-net-worth market.
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Probable maximum loss figures fall to the lowest levels in at least six years.
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David Gansberg replaces Andrew Rippert as global mortgage group CEO.
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Aside from the noise around elevated catastrophes and lacklustre renewals, Q4 underlying loss ratios continued to rise.
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