Operations/tech
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James Shea will lead the new Sompo P&C arm, while Yasuhiro Oba will become Wellbeing CEO.
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The organisation has released its mission for 2025 and signed a MoU with the ABI.
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Contour Underwriting is a specialty lines MGA.
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The business will prioritise growth in the life segment.
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The board intends to issue a dividend of EUR2.70 per share.
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Conclusions on possible options will be shared at the end of Q1.
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The agency cited the group’s increased earnings diversification and improved resilience.
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The company has simplified its structure following the retirement of Richard Webb.
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The carrier’s US platform will continue to be led by long-time executive Sal Pollaro.
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Capacity will be available to 11 open-market lines of business.
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A combination of mandated days and soft pressure is driving up EC3 attendance.
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The broker also plans to hire from LSN Re and Aon Re, as part of a build-out of its team in the French capital.
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