Bermuda
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This will allow Ark to write business on surplus line paper and Lloyd’s business. -
The Peak Re subsidiary mainly writes US motor and casualty reinsurance.
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The change reflects the company’s growing profile within the MS&AD group.
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She will continue to work with the executive team on key projects and initiatives.
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The company has settled, or is in the settlement stage, for 80% of the exposure.
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The Bermudian's first quarter cat losses totalled $333.3mn, compared to $103mn a year ago.
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The new CEO said recent purchases were designed to protect earnings volatility.
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The CEO said Ascot would deploy capital where it sees opportunities.
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New CEO Eckert said Conduit had taken “decisive action” after the LA wildfires.
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The company’s upsized public offering priced at $30 per ordinary share.
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Hamilton also expects rising demand and stable supply for 1 June renewals.
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