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The Civil Liability Bill sets a new framework for determining the discount rate for personal injury compensation.
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The carrier splits out admitted from non-admitted casualty business.
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Loss estimates for California wildfires crystallising around $10bn-$15bn range.
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PG&E could face $10bn in claims from 2017, with a similar scenario to potentially play out after this year’s fires
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The company reported a combined ratio of 96.4 percent.
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The executive joins from Liberty Mutual-owned specialty (re)insurer Ironshore.
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The Lloyd’s carrier will provide paper for the insurer’s property, liability and professional indemnity lines from 1 January.
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The meeting included stockholders of record as of 10 October.
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A judge found USAIG acted negligently and in bad faith by failing to settle a claim promptly.
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Deal will represent key test of market’s belief in global insurer’s turnaround story.
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Harrell replaces Ed Beckwith at Syndicate 4711 as he adds to existing roles of head of international insurance and global head of marine.
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Axa anticipates claims could arise from regulatory changes as Brexit takes hold.