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The carrier’s share price dropped 3.6% on its Q1 results. -
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The carrier booked EUR800mn in LA losses in the P&C segment.
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The reinsurer's group operating income fell by 14% to EUR480.5mn.
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The Willis-brokered coverage also includes the Willis CyXS facility.
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The group said corporations face geopolitical and climate risk.
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More players are looking to the class in a bid for top-line growth.
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He was appointed executive chairman for international in 2021.
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The final month of the year saw an unusually high number of claims.
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The executive previously worked at Hiscox and Aviva.
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Pushing through technological change and maintaining underwriting results are top of agenda.
