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Under his leadership SiriusPoint has established partnerships with several marine MGAs. -
Swiss Re reported some $743mn in catastrophe losses for Q3 alone.
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Improved underwriting results thanks to pricing action were offset by nat cat activity in Canada.
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The company said it is still on target to achieve $3bn net income for the full year.
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Innovation is moving too slowly, experts said at Insurance Insider’s London Market Conference.
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The CEO was responding to comments made by Chubb’s Evan Greenberg.
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Rates are continuing to soften in D&O and cyber, according to CFO Paul Cooper.
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Major-loss expenditure doubled to EUR1.6bn for the quarter
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The CEO said the property market was in a “super-good place”, and increased competition was inevitable.
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Rob Lusardi and Michael Dawson are to step down after eight years as directors.
