Everest
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Jim Williamson said litigation funding had evolved into an investment class. -
The carrier has scaled up its international insurance offering in recent years.
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Joanne Barry will be joining the team at Zurich.
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The remediation process is on track for completion in the fourth quarter.
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The quarter’s performance was also affected by the Washington, DC aviation disaster.
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London-based US excess casualty writers are increasingly looking to attach lower in the tower.
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The executive was named group CEO in January.
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The executive, Everest CEO from 1994 to 2013, has served as board chair since 1994.
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John Howard was appointed as an independent, non-executive member.
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Deteriorating CoRs, GWP growth and fears over wildfire impacts were common themes.
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At 1 January renewals, prices dropped 5%-15% for loss-free programmes.
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The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
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