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For the prior-year quarter, the carrier reported a EUR9mn loss. -
In the absence of interim action, the segment could face an “availability crisis”.
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Genna Biddell will report to Brad Melvin, president and CEO, BMS Re US.
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Newer swing products offer an alternative way to deal with escalating awards.
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The underwriter has worked at Axis for a decade.
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The Pacific region led the quarter’s price decline at -8%.
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The event now includes a casualty portion and has officially been re-branded as the Property and Casualty Symposium.
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The MGA and 49% owner SiriusPoint could bring in a new investor.
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Claims related to California wildfires are "fairly insubstantial" to date, executives said.
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CEO Jim Williamson said social inflation was a “growing barrier” to a vibrant economy.
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The (re)insurer recorded a reserve charge of nearly $1.3bn within its casualty insurance book.
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Robin Hamilton has been appointed head of energy and marine liability.
