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Although US pricing is improving there is pressure in other geographies.
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Some segments are moving faster than anticipated, but overall, it remains a mixed bag.
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The executive brings nearly 30 years of liability experience to the role.
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Jim Meakins is the latest in a slew of talent to exit from the syndicate.
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The executive replaces Mike Warwicker, who left the firm earlier this year.
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This will allow Ark to write business on surplus line paper and Lloyd’s business.
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The underwriter joined Catlin in 2006.
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The underwriter was part of Probitas’ founding team.
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Both Chubb and Zurich will underwrite the risks, with Nico as the sleeping partner.
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The facility provides up to $100mn in claims-made excess casualty coverage.
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The remediation process is on track for completion in the fourth quarter.