Brit
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The executive was CEO of PartnerRe until retirement earlier this year. -
The track record of smart-follow vehicles is still young, but the segment is gaining traction.
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On a discounted basis, Brit's combined ratio deteriorated by 2.1 points to 72.7%.
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Staff movement has been elevated in the energy market since the beginning of the year.
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Growth in property income was offset by a reduced share of finpro business.
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Combined ratios have improved as prices rise and investments return to profit.
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The partnership will add more capacity on the platform from April.
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The carrier reported an undiscounted combined ratio of 76.2% for the year.
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The underwriter will report to Kristina Maffit.
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Brit Cyber First50 will be placed through the Brit-led consortium.
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The carrier booked a fourth-quarter combined ratio of 88.3%.
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The senior energy underwriter exited amid a strategic pivot at the MGA.
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