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The carrier plans to reduce 623’s stamp by around 10% next year. -
The measures also seek to encourage greater wildfire mitigation efforts.
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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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Property remains the dominant line, accounting for nearly 30% of total London premiums.
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Her predecessor will become head of US excess casualty and operations.
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Reinsurer executives stressed that the industry worked hard on setting the right structure.
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The assistant treasurer is also due to review the Australian cyclone pool.
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Ariel Berman joined the company as head of specialty in 2023.
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Ex-Western Europe CRB head Alberto Gallego and colleagues left for a Marsh joint venture.
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Plaintiffs allege that manufacturers and retailers have broken environmental laws.
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The Berkshire subsidiary is seeking coverage for a $22mn antitrust loss.
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