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The protection covers the US insurance book for the 2024 and prior accident years.
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Property, cyber and workers’ comp rates were all down mid-single digits, offsetting casualty hardening.
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Brian Church has spent 20 years at Chubb.
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In July, he took the role on interim basis from Laure Forgeron.
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West Hill Capital is the main investor in the capital raise.
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She previously served as Hub’s North American casualty practice leader.
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Tom Potter was global casualty underwriting manager for UK & Lloyd’s at Axa XL.
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He will spearhead the division’s launch slated for 2026, which will be the first product launch for ICW Group’s specialty unit.
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The executive met with UK colleagues to discuss plans for the US business.
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The combined casualty treaty team has also made a number of hires.
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There will also be a renewed focus on organic growth, both in P&C and across US and international operations.
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Her predecessor will become head of US excess casualty and operations.