Property

The Fairfax-backed business will underwrite liability and financial lines from the platform.

It’s clear that pricing is improving. But how widespread is the pain that’s driving it? (It’s not just AIG & Lloyd’s)

The executive has worked in senior positions across a range of brokers.

Alex Shepherd joins from the role of property head at Syndicate 1458.

The series of storms caused economic losses of $2bn, figures from Aon show.

News of Carrie Kelley’s arrival comes after the broker gained approval last month for its Bermuda operation.

The underwriter was head of the North American property binders business at Axa XL.

Improvement in underwriting profitability in 2019 will be followed by “modest deterioration” over the next four years, according to a new report.

Markets behave in brutal and slightly crazy ways that don’t always best serve the end consumer. They always undershoot on the downside and then overshoot on the upside – sometimes hugely and irrationally so.

The group will start by underwriting property, casualty, executive and professional lines.

Growth will come in classes including property D&F, cargo and E&O.

Preliminary data suggests the number of reported tornadoes in the quarter to date is the highest since 2011.