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The carrier’s shares declined over 17% this morning following Q3 earnings and strategic actions.
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Insurers should reform underlying data before using AI, according to experts.
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Investing in balance-sheet businesses is a “more nuanced” story than backing brokers or MGAs.
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Panellists said the industry must work collectively to grow the London market pie profitably.
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Envelop Underwriting will bring all the firm’s underwriting into one framework.
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A roundup of all the news you need today, including Paul Brand’s keynote speech at Insurance Insider’s London Market Conference.
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The CEO was responding to comments made by Chubb’s Evan Greenberg.
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The firm announced Q3 results alongside strategic actions that included an ADC deal with Enstar.
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James River also amended the convertible preferred equity held by Gallatin Point and closed its strategic review.
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This follows Ascot hiring Charlotte Brotherton-Farrell.
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The flat renewal follows a tripling of RoL on the programme last year.