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The team of brokers worked for the recently acquired Protean Risk. -
Joy had previously set up the casualty practice at Global Indemnity.
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There is frustration in the market that remediation work has been squandered.
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WTW said the rise of the risk from health and safety was “surprising”.
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Based in New York, the executive will report to global head of casualty Josh Everdell.
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The (re)insurer’s Q4 CoR rose 15.2 points to 81.4% on satellite failure, D&F losses.
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The findings have implications for businesses and D&O.
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On average, risks are being placed in a range of flat to up 5%.
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A minority view gaining currency is that 2016-19 will not be the only problem.
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Enstar acquired 637,640 shares of James River in Q4 last year valued at nearly $6mn.
