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Greg Branagan joined Mosaic in 2023 as AVP, tax underwriter, within TL.
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Plus the latest people moves and all the top news of the week.
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The reinsurer’s CFO cited a 1.5% net price reduction year to date.
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Delegates welcomed the FCA’s red-tape cut, but said more is yet to come.
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Large natural catastrophe losses totalled $570mn in Q1, driven by the LA wildfires.
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Are intermediaries facing tougher times as the broking supercycle winds down?
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The carrier’s overall P&C combined ratio improved 0.1 points to 91.8%.
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The undiscounted combined operating ratio worsened slightly to 96.6%.
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Their next destination remains unknown.
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Sources suggested that the multiple could be as low as the 13x range as valuations reset.
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The consultation is a “welcome change of approach” from the regulator.
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