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David Croom-Johnson will now focus exclusively on CEO duties. -
The carrier’s overall P&C combined ratio improved by 1.4 points to 91.6%.
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The reinsurer said discipline was now “equally important as price”.
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The reinsurer is “well on track” to achieve $4.4bn in net income for the full year.
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The executive said that outside of property cat, renewals will be “relatively stable”.
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The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY.
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The Aspen exec highlighted the London market’s long-standing reputation for innovation.
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This publication revealed Volante was in talks with legacy players last month.
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Rohan Davies joined Markel International 17 years ago as an underwriter.
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Patrick Tiernan was addressing 400+ delegates at the London Market Conference.
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P&C GWP grew by 7.1% to EUR26.8bn over the period.
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The (re)insurer has a higher-than-average Jamaican market share.
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The group raised its full-year net income guidance to EUR2.6bn.
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The charity said that improved ecosystems could help protect from disasters.
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The ILS start-up was founded in January by Hanni Ali and Peter Dunlop.
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On a net basis, premiums written were up 4.7% to $641.3mn.
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The carrier’s top line grew to $1.4bn in the first half of 2025.
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Insurance penetration varies, but hotels have “near-total” coverage and strong limits.
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The storm devastated Jamaica and Cuba, but insurance penetration on the islands is low.
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Cyber, mortgage and crop were identified as attractive growth areas.
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The consortium will target excess layers, providing $250mn of capacity.
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The carrier said nat-cat losses remained “well below” those of prior years.
