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Genna Biddell will report to Brad Melvin, president and CEO, BMS Re US. -
CUO responsibilities will now be split out across senior underwriting leadership.
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The Australian carrier disclosed A$426mn in net cat losses during H1.
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The carrier is “extremely well capitalised” to achieve its strategic ambitions.
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The insurer disclosed the estimates as it seeks emergency rate hikes from regulators.
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Annual report pegged data and cyber security risks as most cited business challenges.
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Last year, Patrick Tiernan issued a warning to syndicates to properly manage their DA portfolios.
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The second half of the year was significantly more active for the legacy market.
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The upstream market has undergone a period of high personnel movement.
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The former Marsh aviation CEO is expected to join Lockton next month.
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The carrier enters H2 with a clean reinsurance programme.
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A roundup of all the news you need, including Mapfre Re’s 2024 results.
