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The executive has spent more than three decades in insurance. -
The carrier also benefitted from favourable reserve development in property and A&H.
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Cat portfolios generally grew, but casualty approaches varied.
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The reinsurance CoR decreased 2.3 points to 79.5% while the primary CoR rose 4.7 points to 98.7%.
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The executive joined Navigators in 2010 after eight years at White Mountains Capital.
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Plus, the latest people moves and all the top news of the week.
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The transaction is expected to have a price-to-earnings multiple of 11x.
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Aviation reinsurance reserving issues will also be a broader focus for the market.
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The French carrier’s first-half revenues were driven by 6% growth in P&C.
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A majority of staff not offered jobs at Ryan Re will remain at Markel to manage the run-off.
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The Miami-based executive assumes the role left vacant by April McLaughlin.
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Q2 saw a steady stream of activity in legacy, but volumes dipped slightly from Q1.
