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The new Lloyd’s chair has issued a commencement letter on his first day. -
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The Nordic operations have capacity provided by Allianz Commercial.
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Lloyd’s chair Bruce Carnegie-Brown officially hands over to Charles Roxburgh today.
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The carrier reported a 3% price reduction across London market business.
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The carrier estimated its California wildfire loss at $145mn-$165mn.
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The Bermudian reported net pre-tax cat losses of $49mn, with $32mn attributable to the California wildfires.
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The underwriter is taking on a role with Cipriani and Werner.
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The days of 30%+ growth are probably behind the firm, he said.
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These resignations come as many former Acquinex employees begin their new roles at Dual this week.
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Simon Horton spent 10 years at Marsh before joining AIG last year.
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The group reported “robust” growth in property reinsurance premium.
