Berkshire Hathaway
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Inflation, heightened cat activity and years of poor reinsurance returns are fuelling demands for wholesale change in the European market. -
The completion of the deal comes after last week the companies received all regulatory approvals.
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Pedro Mairos is moving up from heading marine in the UK and Ireland and will remain based in London.
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The executive has held operational roles at the likes of Liberty Specialty Markets, AIG and WTW.
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Fidelis and MS Reinsurance are among the ceding companies that have support from Ajit Jain’s unit.
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The pair become head of property and head of professional indemnity and cyber, respectively.
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To launch its Belgium practice, the specialty carrier recruited executives from AIG and Aon for key senior roles
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The firm's ethos will remain the same, but the bigger balance sheet may help it win clients and absorb volatility.
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The executive will take up the role of UK country manager at the firm.
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The Q2 deterioration in Geico’s underwriting performance was offset by improvements in its other divisions.
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Nicholas Ferrari will be based in Sydney and head up transactional liability in Australasia.
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The carrier has promoted Leander Metzger to country manager for Switzerland to run the new office.
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