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Bill Bouvier has spent more than three years at the legacy firm in this role. -
Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
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A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
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The ILS play will make the business more capital efficient under new owner Sixth Street.
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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
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It is targeting low-risk specialty lines where it has a competitive edge.
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The carrier also benefitted from favourable reserve development in property and A&H.
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Q2 saw a steady stream of activity in legacy, but volumes dipped slightly from Q1.
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The legacy player is working to secure its first deal, and could look to expand to US E&S.
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The agreement is the second service contract the group has taken on.
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Plus, the latest people moves and all the top news of the week.
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Andrew Creed has been promoted to group president in addition to his role as group CFO.
