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Moore will oversee Aon Bermuda’s commercial risk solutions broking operations, leading a team of 85 executives.
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Markel executive Alan Rodrigues will lead the unit.
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The appointment is part of a reorganization of the Americas business.
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The company’s results come less than two months after announcing its Lloyd’s syndicate.
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These cedants could offer the firm access to support their casualty and specialty lines as well.
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The bridge collapse added 9.8 points to the consolidated quarterly CoR.
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The firm booked $85mn of pre-tax cat losses, primarily driven by the Baltimore Bridge collapse.
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Existing taxes could be lowered under a potential new structure.
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During the quarter, it booked $137mn in cat losses versus $34mn a year ago.
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All parties interested in the case have agreed to participate in the process.
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The executive joined the legacy carrier as CIO in 2020.
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The ratings agency said underwriting profitability is likely peaking at current levels, as price increases moderate and loss-cost inflation persists.
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As this publication previously reported, the IPO pricing came in under book value but has still narrowed the gap on predecessor Fidelis, listing at 0.9x book value vs Fidelis’ 0.8x.
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The reinsurance segment reported a 39.7-point improvement in its CoR to 80% in Q3 2023, along with 30.4% top-line growth to $2.1bn.
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Carlton Maner is stepping down after having served at AXIS for almost 22 years.
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The two associations will work together on six matters, including climate change, cyber risks and taxation.
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The group structure would constitute a Bermuda-based rated carrier, and an associated fund structure.
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The executive has over 20 years of specialty insurance experience and most recently served as Everest’s head of financial and professional lines.
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Vesttoo has filed documents at the Bankruptcy Court for the District of Delaware that seek an automatic stay against White Rock and its putative liquidators.
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The company's Ebitda for 2022 was estimated at $60mn compared to $20mn in 2021.
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Both organizations have agreed for the appointment of a liquidator for Vesttoo transaction structures at the Supreme Court of Bermuda.
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The Inside P&C Research Team has examined the impact on 2025 earnings for Bermudians of a proposed corporate tax rate of 15% for large multinational firms in Bermuda.
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The Bermuda-based specialist said the capital injection will boost its talent acquisition and product development plans.
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