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CEO Andrew Carrier says the business has strong “forward momentum”. -
Earlier today, Aon confirmed president Eric Andersen had stepped down from his role.
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Markel Insurance is made up of the firm’s three primary underwriting businesses.
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Syndicate 1984 will be backed by Names under a modified freehold arrangement.
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The broker has launched a company market section of the facility called Encore.
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The property and specialty insurer reported underwriting profits of $131mn ($170mn).
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Plus, the latest people moves and all the top news of the week.
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Lloyd’s hopes to protect healthy pricing, but focus is on broader structural market shifts.
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The Corporation said pricing within aviation was “almost certainly inadequate”.
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CUO Rachel Turk said some syndicates were showing a “mismatch” in ambition and strategy.
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The Corporation saw improvements across all three leadership levels.
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The broker said the list of perceived obstacles was “fairly damning” for insurers.
