The new division is structured into three business units: a chief underwriting office led by Rasmus Nygård, business transformation led by Jörg Hipp and global MidCorp, headed up by Ole Ohlmeyer.
Poliquin will oversee product, business development, underwriting operations, and overall profit and loss performance for Chubb’s property and casualty businesses in Latin America.
Nissan was forced to halt production, but SAIC’s car-making facility and Hon Hai Precision’s iPhone factory are not thought to have been seriously affected.
Two thirds of London losses are expected to be ceded via the Sasria reinsurance placement, while another third could come via a Howden BI wrap binder, sources said.
