Everest
-
Joanne Barry will be joining the team at Zurich. -
The remediation process is on track for completion in the fourth quarter.
-
The quarter’s performance was also affected by the Washington, DC aviation disaster.
-
London-based US excess casualty writers are increasingly looking to attach lower in the tower.
-
The executive was named group CEO in January.
-
The executive, Everest CEO from 1994 to 2013, has served as board chair since 1994.
-
John Howard was appointed as an independent, non-executive member.
-
Deteriorating CoRs, GWP growth and fears over wildfire impacts were common themes.
-
At 1 January renewals, prices dropped 5%-15% for loss-free programmes.
-
The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
-
CEO Jim Williamson said social inflation was a “growing barrier” to a vibrant economy.
-
The (re)insurer recorded a reserve charge of nearly $1.3bn within its casualty insurance book.
Most Recent
-
Mereo hires Hiscox Re’s Muldoon
20 May 2025 -
MS Re books 88.7% 2024 CoR, GWP up 17.6%
20 May 2025