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A recent drive for additional brokerage underscores the shift towards a softer market. -
The executive said the market would soften during 2025 but would not drop through the floor.
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The storms struck Victoria, New South Wales and Queensland.
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In Partnership With Allianz CommericalWhat is the fate of rating conditions in the coming year and how are major players preparing?
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Adrian Poxon also had oversight of engineering, aviation and space at Scor.
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This puts the total cumulative cash proceeds received at $319mn.
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The reinsurance veteran joins from Artex Risk Solutions.
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The strong deal multiple underscores the view of London as a “gateway to the world” for brokers.
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Most of the industry losses occurred in Austria, the Czech Republic and Poland.
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The bodies said that the benefits of diversity and scale would help improve coverage.
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Tony Simm will report to Garret Gaughan, global head of direct and facultative.
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The IG said this year had been “more difficult” for the group’s reinsurance partners.
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