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The firm will maintain a close partnership with Brit as a nominated lead across all classes.
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The appointment is a “major part” of Zurich’s global strategy, the company said.
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The state insurer is budgeting for an extra 43% of overall coverage in 2025-26.
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TSR anticipates that next year will see an ACE value of 129 compared with the 30-year norm of 122.
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The state reinsurer of last resort discussed options for 2025 reinsurance buying strategy.
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James Irvine will report to Cathal Carr, CEO and active underwriter of Oak syndicate 2843.
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Hannah Brooke joins the UK and Ireland team from HDI’s Belgium business.
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Aviva increases its offer to 275p per Direct Line share.
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The executive said that capital, tech and algorithmic capabilities would help the structures endure.
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The cargo market has recently seen a string of moves as new carriers launch into the market.
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The carrier has also promoted James Glynn and James Thomas.
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The carrier is seen as a likely target of Lloyd’s ‘Big Game Hunting’ strategy.