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The insurer is to take more out of premium pools, potentially leaving less for charity.
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The first named storm of 2018 has killed at least two people amid heavy rain.
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Lynn Halper will leave the carrier at the end of June.
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Bizet will help JLT Re’s drive to expand in the Caribbean and Latin American markets.
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CEO Emmanuel Clarke says higher interest rates dealt a short-term blow to earnings.
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The company reveals it is involved in six lawsuits relating to the proposed $2.7bn take-private deal.
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A multitude of factors led to the aggregate 94.8 percent combined ratio reached in Q1.
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RenRe’s capital infusion is expected to fuel growth by the expansive broker.
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The executive will rejoin former colleague Graeme Scott.
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The MS Amlin Insurance SE CEO and global managing director of MS Amlin’s P&C business will pursue opportunities outside the firm, according to an internal memo.
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The ratings agency still retains a negative outlook on the sector, however.
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UBS puts a buy rating on the insurer and sets a price target at $65.00.