North America
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Plus, the latest people moves and all the top news of the week. -
The March 13-16 storms would mark the first billion-dollar US SCS event of the year.
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The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.
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Evercore has reached out to a combination of strategics and private equity houses.
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Sources warned some property XoL books are already running 50% loss ratios.
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The underwriter will be based in New York and drive underwriting strategy.
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Markel also announced the appointment of Jon Michael to its board.
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The executive will remain with the firm as a senior adviser to the CEO until mid-2026.
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The insurance industry has experienced mounting losses from severe convective storms.
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Of the 178 passengers and crew on board, no serious injuries have been reported.
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