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The CUO’s turnover closely follows that of the CEO.
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The firm acted as the front for Trouvaille Re, the E&S property sidecar for MGA AmRisc.
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Alongside Chatterjee, SVP Dharma-Wardana has also exited the team.
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Insured losses were the second highest on record for the first quarter.
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California wildfires had ‘little or no impact’ on property cat pricing at April 1, Dean Klisura said.
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Guy Carpenter president Dean Klisura added that Q1 was a record cat bond issuance quarter.
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Fully placed, this would equate to $275mn on the per-occurrence tower and $675mn on agg.
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The growth figure represents a 5-point deceleration on the 9% reported in Q4 2024.
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Representatives from the UK broker have been ordered to appear before magistrates on 7 May.
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Being the “new kid” has created interest in the market, Mereo CEO Croom-Johnson added.
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