Lloyd's syndicate Chaucer saw operating income fall to just $5.5mn for the second quarter as catastrophe losses and a weak pound took their toll on the carrier's bottom line, its American owner The Hanover reported today.
PartnerRe reported an operating loss of $65.6mn for the second quarter as an unusually high number of catastrophes and restructuring costs delivered a blow to the carrier's bottom line.
Specialist MGA GCube has appointed former AIG global marine and energy property underwriter Geoff Miller to the role of senior vice president in its New York office, the firm announced this week.
Axis has hired John Tatum to fill the newly-created role of executive vice president and head of its program business in the US, the Bermudian announced today.
Arch Capital grew gross written premiums (GWP) by 10.9 percent to $1.39bn in the second quarter as the carrier continued to build out its mortgage insurance and reinsurance business.
