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Laure Forgeron has worked at the Swiss carrier since 2009 in numerous senior positions.
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Claims were concentrated in the US, with a significant increase in D&O class actions.
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The losses were below May’s $777mn, but almost 3x higher than for June 2024.
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The medical liability carrier said the deal marks a strategic shift.
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SiriusPoint will provide 100% capacity for Pen’s international PI portfolio.
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Questions remain over regulatory touch, capital requirements and tax benefits
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Peter Cordell will join Syndicate 1729 in January.
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Dual’s Luke Browne will join Consilium Risk Solutions.
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The US accounted for 92% of all global insured losses for the period.
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Continued Apax and Carlyle support will give PIB time to differentiate its business.
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US events accounted for more than 90% of global insured losses.