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The Peak Re subsidiary mainly writes US motor and casualty reinsurance. -
LA wildfire losses are impacting the 2024 years of account, Argenta noted.
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The change reflects the company’s growing profile within the MS&AD group.
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The executive will also continue as MD overseeing Caribbean fac.
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SCS can no longer be considered a "secondary" peril for the US insurance market, Steve Bowen said.
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Spicer will transition to a global specialty executive chairman role.
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She will continue to work with the executive team on key projects and initiatives.
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Two large storms hit the Midwest and Ohio Valley regions on 14-17 May and 18-20 May.
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The executive will take the global role alongside his existing US responsibilities.
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TMK formed its specialty reinsurance unit last year.
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The underwriter joined Catlin in 2006.
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Vincent Hermenier joined Hannover Re in 2004.
