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The executive was head of fine art and specie at Miller until February 2025. -
Space pricing experienced double-digit increases after the 2023 capacity retreat.
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Jonathan Mesagaes will report to John Hyland, head of underwriting and marine.
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Backer Livingbridge’s second attempt to sell the broker has reached an impasse.
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Beazley, Hiscox and Lancashire all grew in Q1 despite widespread rate decreases.
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At his last annual meeting as CEO, Buffett highlighted the importance of Berkshire’s insurance operations.
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Both Chubb and Zurich will underwrite the risks, with Nico as the sleeping partner.
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Meanwhile, gross written premiums grew 8.6% year on year to $985mn.
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The primary and reinsurance unit CoRs were 103.1% and 98.7%, respectively.
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AIG, HDI Global and others have settled. Chubb’s fight continues.
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Joanne Barry will be joining the team at Zurich.
