Chubb
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Total pre-tax favorable prior period development in the quarter was $361mn, up nearly 48% YoY.
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Brian Church has spent 20 years at Chubb.
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The carrier agreed to acquire Liberty Mutual’s P&C firms in Thailand and Vietnam in March.
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In March 2024, Cowen was appointed to lead Chubb’s new international transactional liability platform.
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The claim hits the downstream market following a loss-hit start to the year.
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Jim Williamson said litigation funding had evolved into an investment class.
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The executive replaces Mike Warwicker, who left the firm earlier this year.
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Burford’s CEO said Chubb is inappropriately using its corporate power.
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Philip Enan joins following 11 years at Chubb.
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The programme will succeed the previous buyback launched in 2023.
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Both Chubb and Zurich will underwrite the risks, with Nico as the sleeping partner.