Axis Capital
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Joe Sweeting will be based in London and work as head of Lloyd's casualty.
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Patel, formerly of Axis, has joined CNA to lead its financial institutions east territory book.
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First-quarter combined ratios deteriorated at most Bermuda-based (re)insurers. -
Almost a third of investors voted against Benchimol’s compensation, which rose 10% in 2018.
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WR Berkley CEO Rob Berkley suggested rate increases were well outpacing loss-cost trends.
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The Bermudian increased its industry insured loss estimate at the end of Q1 from $8bn at the end of last year.
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Andreas Thiele joins the firm after announcing his retirement from Axis in September.
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The Bermudian (re)insurer misses analyst expectations in Q1 2019.
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The former Emea property head will take up the position on 1 July.
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The index rises more than 10 percent in the first three months of the year.
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The bank downgraded Everest Re to hold yesterday
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Benchimol hopeful of mid-year correction after disappointing 1 January renewal.
