North America
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The executive previously spent 15 years in a variety of roles at Zurich.
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Allstate attributed the bulk of its losses to three major wind and hail events.
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This is up from last year’s $1bn protection for its Florida treaty.
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The executive was formerly the head of cyber solutions, North America.
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The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
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Brokers across London and Bermuda have handed in their notice to join the start-up reinsurance broker.
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The carrier said it is disappointed with the English High Court’s decision.
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The documents figure in a potential criminal case against a CCB employee.
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The trend is expected to be most pronounced in the Middle East, the survey found.
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The broker is targeting run-rate synergies of $150mn by the end of 2028.
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In 2024, MGA GWP reached approximately $20bn in Europe.
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The appointment follows B&B’s acquisition of Accession.
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