Everest
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Toulkeridis makes the switch after a restructure within the specialty reinsurance business of Swiss Re reduced the number of units from five to two.
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ACHP has placed its 30 percent stake in the Julian Tighe-led company under review as it prepares to de-list from the London Stock Exchange.
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Everest taps the industry veteran’s long experience in excess and surplus lines.
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Property cat remains profitable but no longer can subsidise other lines.
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The former Axis Capital executive will continue to operate from Toronto.
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The insurer now has reinsurance for up to $3bn of losses from a Florida hurricane.
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Bermuda gross written premium increased by 20 percent to $15.0bn in Q1 2018.
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Formerly of Liberty Mutual, Micheff will be based in Chicago for the Bermuda reinsurer.
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A host of companies are bearing the “for sale” sign and the drivers of deal-making remain intact.
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First quarter earnings disclosed by carriers so far have shown positive headline results as underlying loss ratios improve.
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Executives share their views on pricing across primary and reinsurance lines in Q1.
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High valuations and possible integration issues tilt the company away from acquisitions, the CEO says.
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