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It consisted of three major earthquakes within a nine-hour period on 6 February 2023. -
S&P’s Insurance Select industry index had fallen by 2.7% at market close.
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He joins the firm following the departure of Edward Morgan and Guy Tyler, who have launched an MGA.
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A roundup of all the news you need today, including an update on Hurricane Debby.
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The ‘life threatening’ hurricane has potential for “historic heavy rainfall” in the southeastern United States.
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Penberthy joined Arch in 2022 and became CFO of the UK operations in December 2023.
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Geico more than tripled U/W profits due to higher average premiums per auto policy and lower claims frequency.
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The company recorded an undiscounted CoR of 93.9% in Q2.
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The company announced in June that it had agreed to take a majority stake in the firm.
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Hales will switch to underwriting after a career specialising in marine claims.
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A roundup of all the news you need today, including Axa’s H1 results.
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Group deputy CEO Frédéric de Courtois said the issue of inflation is “mostly behind us".
