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The headcount at the start-up now stands at around 40. -
The exec said if he were a carrier CEO, now is the time he would start looking for deals.
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The reinsurer said the LA wildfires would have a “dampening effect” on mid-year renewals.
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The carrier will focus on mid-market business outside of Lloyd’s.
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The reinsurer's group operating income fell by 14% to EUR480.5mn.
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The group said corporations face geopolitical and climate risk.
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New broker vehicles are setting up amid accelerated softening in D&F.
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The executive previously worked at Hiscox and Aviva.
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The carrier’s estimated first event limit could increase 16%, to $1.35bn.
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